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Best Electric Vehicle Stocks To Consider - October 16th

Tesla logo with Auto/Tires/Trucks background

Key Points

  • Tesla, NIO, QuantumScape, SES AI, and Rivian Automotive are highlighted as the top electric vehicle stocks to watch based on recent trading volume, reflecting strong investor interest in the EV market.
  • Investors in EV stocks should be aware that these companies are sensitive to regulations, competition, and commodity prices, which can add to their volatility.
  • Tesla operates in automotive and energy generation, while companies like QuantumScape and SES AI focus on advancing battery technology crucial for electric vehicles.
  • MarketBeat previews the top five stocks to own by November 1st.

Tesla, NIO, QuantumScape, SES AI, and Rivian Automotive are the five Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. Electric vehicle (EV) stocks are publicly traded shares of companies that design, manufacture, supply components for, or support the infrastructure and technology behind electric vehicles—including automakers, battery producers, parts suppliers, and charging-network firms. Investors watch EV stocks for growth tied to electric-vehicle adoption, technology and battery-cost advances, and policy incentives, but they can be volatile and sensitive to shifts in regulation, competition, and commodity prices. These companies had the highest dollar trading volume of any Electric Vehicle stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Read Our Latest Research Report on TSLA

NIO (NIO)

NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.

Read Our Latest Research Report on NIO

QuantumScape (QS)

QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

Read Our Latest Research Report on QS

SES AI (SES)

SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles, electric vehicle take-off and landing, and other applications. The company was founded in 2012 and is headquartered in Woburn, Massachusetts.

Read Our Latest Research Report on SES

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Read Our Latest Research Report on RIVN

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Should You Invest $1,000 in Tesla Right Now?

Before you consider Tesla, you'll want to hear this.

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While Tesla currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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