Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Better Buy: Rivian Stock or Lucid Stock?

TheMotleyFool

0 0

Better Buy: Rivian Stock or Lucid Stock?: https://g.foolcdn.com/editorial/images/714200/2022-rivian-r1t-18.jpg

The current share prices of both Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID) are both far below their prices when they first went public in 2021. The price drops may be tempting investors who are looking to scoop up an electric vehicle (EV) stock right now.

While both companies are working to mass-produce impressive electric vehicles, only one of them looks like a good long-term investment at the moment. Let's take a closer look at each one to find out which one is the better buy.

Image source: Rivian.

Source Fool.com

Like: 0

RIVN

Share