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Promising Electric Vehicle Stocks To Consider - October 17th

Tesla logo with Auto/Tires/Trucks background

Key Points

  • The article highlights five key electric vehicle stocks to watch: Tesla, QuantumScape, NIO, Rivian Automotive, and Lucid Group, which have shown the highest trading volume recently.
  • Electric vehicle stocks offer exposure to the growth of electric transportation but carry inherent sector-specific risks like technological changes, supply-chain issues, and market sentiment fluctuations.
  • Tesla operates in two main segments: Automotive, which includes electric vehicle sales, and Energy Generation and Storage, expanding its influence beyond just automotive manufacturing.
  • Five stocks to consider instead of Tesla.

Tesla, QuantumScape, NIO, Rivian Automotive, and Lucid Group are the five Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. "Electric vehicle stocks" are shares of companies whose primary business is designing, manufacturing, or supplying electric vehicles and related technologies—such as automakers (EV OEMs), battery producers, drivetrain and component suppliers, and charging infrastructure firms. For investors, these stocks provide exposure to the growth and adoption of electric transportation but carry sector-specific risks like technological change, supply-chain constraints, competition, policy shifts, and market sentiment. 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

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

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

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

Lucid Group (LCID)

Lucid Group, Inc. a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services.

Read Our Latest Research Report on LCID

Featured Articles

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