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Best Growth Stocks: Rivian Stock vs. Tesla Stock vs. Nio Stock

By Parkev Tatevosian, CFA – Oct 12, 2023 at 8:00AM EST

Tesla, Rivian, and Nio are all trying to take market share from legacy automakers in the car industry.

Fool.com contributor Parkev Tatevosian compares Rivian (RIVN 0.38%), Tesla (TSLA 3.76%), and Nio (NIO 2.42%) across critical financial metrics, including their latest production numbers, to determine which is the best stock to buy now.

*Stock prices used were the afternoon prices of Oct. 9, 2023. The video was published on Oct. 11, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio and Tesla. The Motley Fool has a disclosure policy. Parkev Tatevosian 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.

Stocks Mentioned

Tesla Stock Quote

Tesla

NASDAQ: TSLA
$406.11 (0.04%) $15.85
Nio Stock Quote

Nio

NYSE: NIO
$4.44 (0.02%) $0.11
Rivian Automotive Stock Quote

Rivian Automotive

NASDAQ: RIVN
$14.36 (0.00%) $0.06

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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