BYDDY - 2 Electric Vehicle (EV) Stocks to Buy Hand Over Fist and 1 to Avoid in 2024
2024-01-08 08:30:00 ET
Tesla (NASDAQ: TSLA) and BYD (OTC: BYDDY) are the leaders in electric vehicles (EVs). It's a burgeoning market, but prosperity isn't a given -- a reality that Rivian Automotive (NASDAQ: RIVN) is slowly coming to terms with these days.
Taking a closer look at where Rivian stands now and its future plans helps illustrate why Tesla and BYD remain the top choices for those looking to ride the wave of the EV industry's growth, while cautious investors may want to steer clear of Rivian for the time being.
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2 Electric Vehicle (EV) Stocks to Buy Hand Over Fist and 1 to Avoid in 2024