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Promising Electric Vehicle Stocks To Watch Now - May 7th

Tesla logo with Auto/Tires/Trucks background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's screener identifies Tesla (TSLA), Rivian (RIVN), and QuantumScape (QS) as the three EV stocks to watch, noting they had the highest dollar trading volume among electric-vehicle names in recent days.
  • Tesla sells electric vehicles and energy generation/storage systems, Rivian produces consumer EVs including the R1T pickup and R1S SUV, and QuantumScape is developing solid-state lithium‑metal batteries for EV applications.
  • EV stocks can be volatile and are driven by factors such as government policy, raw-material costs, technological advances, and competitive dynamics, which investors should consider.
  • Five stocks to consider instead of Tesla.

Tesla, Rivian Automotive, and QuantumScape 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 whose businesses are centered on electric transportation—this includes automakers that build EVs as well as firms that make batteries, charging infrastructure, power electronics, and EV software. Investors buy these stocks to gain exposure to the sector's growth and clean-energy trends, but they can be volatile and are affected by factors like government policy, raw-material costs, technology advances, and competitive dynamics. 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

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

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

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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

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

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tesla wasn't on the list.

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

View The Five Stocks Here

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