Fool.com contributor Parkev Tatevosian compares Rivian (RIVN +23.36%) and Lucid (LCID +5.38%) to determine the better EV stock to buy today.
*Stock prices used were the afternoon prices of May 16, 2024. The video was published on May 18, 2024.
With New Models Launching, Which Is the Best EV Stock to Buy: Rivian or Lucid?
By Parkev Tatevosian, CFA – May 20, 2024 at 6:30AM
NASDAQ: RIVN
Rivian Automotive
Market Cap
$15B
Today's Change
(23.36%) $2.92
Current Price
$15.42
Price as of November 5, 2025 at 4:00 PM ET
Rivian plans to launch a lower-priced platform in early 2026 and Lucid will launch the Gravity SUV later this year.
About the Author
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.