Which electric vehicle inventory is a better buy? By StockNews

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© Reuters Tesla vs. Arrival: Which Electric Vehicle Stock is a Better Buy?

Tesla (NASDAQ 🙂 is the clear leader among electric vehicle (EV) manufacturers that continues to grow profit margins and revenue at an enviable rate. On the other hand, Arrival (ARVL) is a recent IPO that has the potential to crush larger markets in the future. Which stock is a better buy today? After a 2020 whirlwind where electric vehicle (EV) stocks were in absolute bottlenecks, the first five months of 2021 saw investors record profits and take a break. In addition, Wall Street was also worried about the rise in inflation rates and the high valuations of growth stocks which contributed to this decline.

However, each market correction offers investors the opportunity to buy quality stocks at a lower multiple. Here, we take a look at two of those companies in the EV space that should be on investor buying radar. One is a Tesla Market Leader (TSLA) while the other is a much smaller company – Arrival (ARVL) looking to gain traction in the highly disruptive electric vehicle segment.

The shift to clean energy solutions will be a key driver for EV manufacturers, allowing them to bet for the long term. Let’s see what is the best stock of electric vehicles between Tesla and Arrival right now.

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