1 No-Brainer Electric Vehicle (EV) Stock to Buy Right Now (Hint: It's Not Tesla)

Tesla has proven to be one of the best investments of the past 10 years. Over that time period, sales by the ground-breaking electric vehicle (EV) maker have soared nearly 2,900% even as its stock price has vaulted by nearly 1,400% -- substantially enriching its early investors. But the electric vehicle industry remains in its infancy, and so it pays to seek out current opportunities. For those looking to invest in the next Tesla, there's one up-and-coming electric car stock you need to be aware of now: Rivian Automotive (NASDAQ: RIVN). Here's why.You're likely well aware of the trade-off between risk and reward. But in practice, this trade-off is harder to determine. After all, there's nothing guaranteeing you a higher potential payoff for taking on extra risk. It's important, then, to stack the odds in your favor. That's exactly what investors are getting with Rivian Automotive stock right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool