Better Buy: Tesla, or a 50/50 Split Between Nio and Rivian?

Motley Fool2023-03-14

The electric vehicle (EV) industry was not kind to investors in 2022. Shares of Tesla, Nio, and Rivian Automotive all suffered their worst calendar year performances ever -- falling by 65%, 69%, and ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SNeo
    2023-03-14
    SNeo
    [OK] 
  • JediGingerNinja
    2023-03-14
    JediGingerNinja
    Stick with quality and industry leader.. you can have all the money in the world but if you have no clues your doomed to lose. No digity no  doubt [Chuckle] [Allin] 
  • Matt xw
    2023-03-14
    Matt xw
    Most certainly never Rivian
  • Patek1975
    2023-03-14
    Patek1975
    Tesla to the moon 
  • QQ太郞
    2023-03-14
    QQ太郞
    Ok
  • sydboy007
    2023-03-14
    sydboy007
    Nio and Rivian are going bankrupt. They're unable to scale. As Tesla uses its margins to absorb price cuts, that are also funded by their relentless pursuit of cost savings, there are no BEV manufacturers that can compete. Once the gigafactory in Mexico is running there will be no competing product under 30K USD. With all the IRA credits on the USA this car will likely cost uber 20K, and in some states the cost could be close to 15K. Mexico may not have much left over to export other than to North America. Factor in the growth in the energy side of the business and this will be another major profit driver. I also see I am getting a free option on Tesla achieving FSD and the Optimus robot. If these are achieved then Tesla will be CHOAM and baked in the tens of trillions in the future.
Leave a comment
6