Best Stocks to Buy Now: Rivian Stock vs. Tesla Stock

By Eric Cuka – Jul 5, 2023 at 7:14PM

NASDAQ: RIVN

Rivian Automotive

Market Cap

$9B

Today's Change

(-5.12%) -$0.48

Current Price

$8.90

Price as of April 30, 2024, 4:00 p.m. ET

Tesla and Rivian are both iconic electric vehicle manufacturers with cult followings, but which stock should you buy now?

The electric vehicle heavyweight champion of the world, Tesla (TSLA -5.55%), has several contenders looking to take its belt. Is Rivian Automotive (RIVN -5.12%) a serious contender, or simply Glass Joe from Punch-Out!!? Watch the below video for detailed stock analysis on both companies, side-by-side comparisons, and commentary on which stock is the better buy now.

*Stock prices used were the afternoon prices of July 5, 2023. The video was published on July 5, 2023.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Eric Cuka has positions in Amazon.com and Tesla. The Motley Fool has positions in and recommends Amazon.com, Nio, and Tesla. The Motley Fool has a disclosure policy. Eric is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.