Promising Electric Vehicle Stocks Worth Watching - May 9th

Key Points

• Tesla, Rivian Automotive, and BorgWarner were identified by MarketBeat’s stock screener as the top EV stocks to watch, based on their recent high dollar trading volume.
• Tesla (TSLA) remains a focal point, with the article highlighting its EV and energy businesses and linking it to bullish coverage about whether the stock could reach $400 in May.
• Rivian (RIVN) and BorgWarner (BWA) round out the list, with Rivian focused on consumer EVs like the R1T and R1S, while BorgWarner supplies components and systems for combustion, hybrid, and electric vehicles.

Tesla, Rivian Automotive, and BorgWarner 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, supply, or support of electric vehicles, including automakers, battery producers, charging infrastructure providers, and related technology firms. For stock market investors, these stocks are typically viewed as a way to gain exposure to the growth of the EV industry and its transition away from traditional gasoline-powered 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.

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

BorgWarner (BWA)

BorgWarner Inc., together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.

Read Our Latest Research Report on BWA

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