The three EV stocks: Tesla (NASDAQ:TSLA), Rivian (NASDAQ:RIVN), and Arrival (NASDAQ:ARVL), all have developed electric vehicles that end users have found highly appealing, and all three are effectively using technical innovations to enhance their EVs and manufacture them more efficiently.
Consequently, the shares of TSLA, RIVN, and ARVL are all worth buying. But since each poses very different levels of risk and their potential rewards vary greatly, investors should decide which of the EV stocks to buy and how much of each to purchase based on their own risk tolerance and investment styles.
I’ll evaluate each of the EV stocks’ risk-reward ratios and explain why I believe that all three EV stocks will ultimately reward investors.
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