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Promising Electric Vehicle Stocks To Keep An Eye On - August 19th

Tesla logo with Auto/Tires/Trucks background

Key Points

  • Tesla, NIO, and Rivian Automotive are identified as the top electric vehicle stocks to watch, reflecting significant trading volume and interest in the sector.
  • Tesla operates in both the automotive and energy sectors, focusing on electric vehicle sales and energy generation solutions.
  • NIO is notable for its involvement in the Chinese market, producing electric vehicles alongside battery technology and power solutions.
  • Want stock alerts on Tesla? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Tesla, NIO, 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 their components—ranging from automakers and battery producers to charging-station operators. Buying these stocks gives investors exposure to the rapidly expanding market for zero-emission transportation driven by technological advances, environmental regulations and shifting consumer demand. Their performance often hinges on factors such as production capacity, raw-material costs and government incentives. 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

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

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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