Best Electric Vehicle Stocks To Follow Today - May 10th

Tesla, Nuvve, and Rivian Automotive are the three Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. Electric vehicle stocks are shares of publicly traded companies involved in the design, manufacture, or support of electric vehicles and related technologies—such as battery producers, charging‐station operators, and component suppliers. Investors buy these equities to gain exposure to the growing market shift from internal‐combustion engines to zero‐emission transportation. 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.

Shares of Tesla stock traded up $13.23 during trading hours on Friday, hitting $298.05. The company's stock had a trading volume of 132,028,653 shares, compared to its average volume of 96,148,356. The stock has a market cap of $960.01 billion, a price-to-earnings ratio of 146.10, a P/E/G ratio of 5.86 and a beta of 2.43. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02. Tesla has a twelve month low of $167.41 and a twelve month high of $488.54. The firm has a fifty day moving average of $258.65 and a 200-day moving average of $326.64.

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Nuvve (NVVE)

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets.

NVVE traded up $1.64 on Friday, hitting $2.78. The company had a trading volume of 261,946,453 shares, compared to its average volume of 1,709,216. The company's fifty day moving average price is $1.23 and its 200 day moving average price is $2.51. Nuvve has a 1 year low of $0.82 and a 1 year high of $17.30. The firm has a market cap of $8.53 million, a P/E ratio of -0.03 and a beta of 2.00.

Read Our Latest Research Report on NVVE

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.

Shares of RIVN traded up $0.58 during trading on Friday, reaching $14.26. 50,513,729 shares of the company traded hands, compared to its average volume of 36,247,767. The stock has a 50-day simple moving average of $11.98 and a 200-day simple moving average of $12.34. The stock has a market cap of $16.12 billion, a PE ratio of -3.02 and a beta of 1.86. Rivian Automotive has a twelve month low of $9.50 and a twelve month high of $18.86. The company has a quick ratio of 3.70, a current ratio of 5.09 and a debt-to-equity ratio of 0.93.

Read Our Latest Research Report on RIVN

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