Better EV Stock: Rivian vs. Tesla
It hasn't been a great start to the year for Rivian Automotive (NASDAQ: RIVN) stock. Shares are down 16% year to date as investors' faith in the electric vehicle (EV) growth story dwindles. The company itself is still in its early stages when expenses remain high and earning a profit is still relatively far out.One would think some of those investors would instead seek a profitable EV maker like Tesla (NASDAQ: TSLA). Yet Tesla stock has fallen twice as far since the start of the year. But Tesla stock has a much bigger story. And its 42% drop so far in 2025 came after a monumental run higher after the U.S. election in November.Investors who want exposure to a still-growing EV sector now have an interesting decision to ponder. Would it make sense to own Rivian with its strong and growing brand and high long-term potential? Or should one buy the dip in Tesla stock based on its existing profitability and prospects beyond its current EV lineup.Continue reading
It hasn't been a great start to the year for Rivian Automotive (NASDAQ: RIVN) stock. Shares are down 16% year to date as investors' faith in the electric vehicle (EV) growth story dwindles. The company itself is still in its early stages when expenses remain high and earning a profit is still relatively far out.
One would think some of those investors would instead seek a profitable EV maker like Tesla (NASDAQ: TSLA). Yet Tesla stock has fallen twice as far since the start of the year. But Tesla stock has a much bigger story. And its 42% drop so far in 2025 came after a monumental run higher after the U.S. election in November.
Investors who want exposure to a still-growing EV sector now have an interesting decision to ponder. Would it make sense to own Rivian with its strong and growing brand and high long-term potential? Or should one buy the dip in Tesla stock based on its existing profitability and prospects beyond its current EV lineup.
