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Tesla vs. Rivian: EV Stock Insights
Tesla (NASDAQ: TSLA) is rapidly investing in its robotaxi division, with projected opportunities valued between $5 trillion and $10 trillion. Tesla’s current stock trades at nearly 16 times sales, contributing to a market cap of $1.2 trillion.
In contrast, Rivian Automotive (NASDAQ: RIVN) presents a more compelling valuation, trading at just 3 times sales and with a market cap of $18 billion. Rivian plans to start production on three new affordable models under $50,000 in 2026, potentially increasing its market presence.
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