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Top Electric Vehicle Stocks To Watch Now - October 2nd

Tesla logo with Auto/Tires/Trucks background

Key Points

  • The top electric vehicle stocks to watch currently include Tesla, Rivian Automotive, and QuantumScape, which have exhibited high trading volumes recently.
  • Tesla operates in the automotive and energy sectors, providing electric vehicles and a variety of related services, including regulatory credits and vehicle insurance.
  • QuantumScape focuses on developing solid-state lithium-metal batteries, highlighting the innovation occurring in the electric vehicle market.
  • Five stocks we like better than 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 involved in the design, manufacture, or support of electric vehicles and their key components—such as automakers, battery producers, and charging-infrastructure providers. Investors buy these stocks to gain exposure to the rapid growth and technological shift toward cleaner transportation. Because the EV sector is driven by evolving regulations, innovation cycles, and consumer adoption trends, EV stocks can exhibit above-average volatility. 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

Further Reading

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

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
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