Rivian and Lucid, once hot EV stocks, saw their share prices soar at IPO but now trade at $13 and $3 respectively. Both missed growth goals and faced losses. Rivian sold 24,337 vehicles in 2022, falling short of its 50,000 target. Lucid delivered 4,369 vehicles, missing its 20,000 estimate.

At their peak, Rivian’s market cap was $153.3 billion and Lucid’s was $91.4 billion. Rivian’s production rose to 57,232 vehicles in 2023 but fell to 49,476 in 2024. Lucid’s deliveries increased to 10,241 in 2024. Rivian expects to deliver 40,000-46,000 vehicles in 2025, facing challenges.

Analysts predict Rivian’s revenue will grow at a 32% CAGR from 2024-2027 and Lucid’s at an 85% CAGR. Rivian’s gross margins are positive, while Lucid’s are still negative. Rivian is considered a stronger investment due to higher production rates and leadership stability compared to Lucid.

Before investing in Rivian, consider the Motley Fool’s top 10 stock picks, excluding Rivian. Their recommendations historically outperformed the market significantly. Rivian founder RJ Scaringe remains CEO, while Lucid’s CEO stepped down in February, impacting investor confidence. Analysts project Rivian and Lucid’s stocks are trading at 3.2 and 6.9 times this year’s sales respectively.

Read more at Yahoo Finance: Which EV Stock Is Winning in 2025?