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Rivian AutomotiveThe Motley Fool
•71% Informative
EV stocks have been volatile over the past couple of years as vehicle and production costs have skyrocketed due to inflation and high interest rates.
Rivian Automotive is a young EV company trying to elbow its way into a vast automotive market, facing competitors that are better funded and much more experienced.
But I think Lucid has two problems right now: It continues to burn through cash and its vehicle production continues to come up short.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 722,626 ! The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002 .
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