|Bid||0.00 x 800|
|Ask||29.12 x 1300|
|Day's Range||29.10 - 29.64|
|52 Week Range||19.25 - 126.75|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 09, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||47.29|
EV Volumes, a data base, estimates 2022 global EV sales at 10.6 million, up nearly 60% from 2021. U.S. stock markets have corrected significantly so far this year. The S&P 500 is down 17%, while the Nasdaq Composite has fallen more than 28% as of this writing.
Rivian will be a very different company in five years, and it could be an industry leader if it executes well.
In this video, I pit Tesla (NASDAQ: TSLA), the industry veteran, against the up-and-comer Rivian (NASDAQ: RIVN) to determine which EV stock is the better buy right now. *Stock prices used were the afternoon prices of Nov.