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Top Electric Vehicle Stocks To Keep An Eye On - October 4th

Tesla logo with Auto/Tires/Trucks background

Key Points

  • Tesla, QuantumScape, and Rivian Automotive are highlighted as key electric vehicle stocks to watch due to their significant trading volumes and involvement in the rapidly growing EV sector.
  • Tesla operates in two segments: Automotive, which includes electric vehicles and regulatory credits, and Energy Generation and Storage.
  • QuantumScape is focused on developing solid-state lithium-metal batteries for electric vehicles, while Rivian Automotive designs and manufactures electric consumer vehicles, including the R1T pickup and R1S SUV.
  • Five stocks we like better than Tesla.

Tesla, QuantumScape, 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 companies involved in designing, manufacturing or supplying components for electric vehicles—ranging from automakers and battery producers to charging-station operators. Investors buy EV stocks to gain exposure to the sector’s rapid growth, driven by technological innovation, environmental regulations and rising consumer demand for zero-emission mobility. Because the industry is still evolving, these stocks can be more volatile than those of traditional automakers. 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

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

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