Better Buy in 2024: Rivian or Tesla Stock?

The electric vehicle (EV) boom is losing momentum. After growing like gangbusters for several years, adoption in the United States and other markets is starting to slow. EV sales grew 42% year over year in the United States last November, down from 75% growth back in 2022. Even with major federal and local subsidies for buyers, EVs take significantly longer for dealerships to sell than gasoline-powered vehicles right now, with hybrids also growing quickly. Toyota -- which has embraced a mixed strategy of ga ...

Rivian Automotive-Better Buy in 2024: Rivian or Tesla Stock? - Reportify