Investment opportunities grow in electric vehicle stocks like Tesla ($850B) and Rivian ($11B), with Rivian seen as having greater upside potential.
The article explores investment opportunities in electric vehicle stocks, focusing on Tesla and Rivian Automotive. Tesla, valued at $850 billion, faces declining revenue but may benefit from new models and self-driving tech. In contrast, Rivian, with an $11 billion market cap, is growing rapidly and plans to introduce affordable models by 2026. Long-term EV market growth is projected, with Rivian seen as having greater upside potential despite its volatility.
October 06, 2024
20 Articles