Rivian vs. Lucid stocks: which Tesla competitor is worth trading?

Beyond Tesla: are Rivian and Lucid stocks worth trading?

As Tesla faces growing competition, Rivian and Lucid emerge as compelling alternatives in the EV market. This analysis compares their investment potential, risks, and best brokers for trading these volatile stocks – helping you decide if they’re worth your portfolio.

The next Tesla? Analyzing Rivian and Lucid stocks trading potential

Beyond Tesla: are Rivian and Lucid stocks worth trading?

As Tesla continues to dominate the electric vehicle (EV) market, competitors like Rivian and Lucid Motors are gaining traction. With innovative designs, strong financial backing, and ambitious growth plans, these companies present intriguing opportunities for investors. But are Rivian or Lucid worth trading? This article examines their potential, risks, and how they stack up in the fast-evolving EV race.

 

Rivian: the electric adventure brand

Rivian: the electric adventure brand

Why Rivian stands out

Rivian has positioned itself as the EV of choice for outdoor enthusiasts. Its flagship models – the R1T pickup truck and R1S SUV – boast rugged designs, long-range capabilities, and off-road performance. Additionally, Rivian has a major deal with Amazon to produce 100,000 electric delivery vans, providing a steady revenue stream.

Stock performance and challenges

  • Rivian went public in November 2021 with massive hype, reaching a market cap of over $100 billion – briefly surpassing Ford and GM.
  • Since then, the stock has seen volatility, dropping significantly due to production delays, supply chain issues, and high cash burn.
  • However, with strong institutional backing (Amazon and Ford are major investors) and a growing order book, Rivian could be a long-term play if execution improves.

Is Rivian a buy?

  • Bull case: Strong brand loyalty, Amazon partnership, and first-mover advantage in electric adventure vehicles.
  • Bear case: High production costs, competition from Tesla’s Cybertruck and Ford’s F-150 Lightning, and profitability concerns.

 

Lucid Motors: the luxury Tesla challenger

Lucid Motors: the luxury Tesla challenger

Why Lucid stands out

Lucid Motors is targeting the luxury EV market, directly competing with Tesla’s Model S. The Lucid Air boasts industry-leading range (up to 516 miles on a single charge), ultra-fast charging, and premium interiors. Backed by Saudi Arabia’s Public Investment Fund (PIF), Lucid has deep pockets for expansion.

Stock performance and challenges

  • Lucid went public via SPAC in 2021, peaking at over $55 per share before dropping sharply.
  • Like Rivian, Lucid has faced production bottlenecks and missed delivery targets, hurting investor confidence.
  • However, its technology (battery efficiency, powertrain) is considered superior, giving it an edge in the high-end EV space.

Is Lucid a buy?

  • Bull case: Best-in-class technology, strong Saudi backing, and high demand in the luxury segment.
  • Bear case: Slower production ramp-up, niche market focus, and competition from Tesla, Mercedes, and BMW.

 

Rivian vs. Lucid: which is the better trade?

Factor Rivian (RIVN) Lucid (LCID)
Market focus   Adventure/Utility Luxury/Sedans
Backing Amazon, Ford Saudi PIF
Production Scaling up Slower ramp-up
Competition Tesla Cybertruck, Ford Lightning Tesla Model S, Mercedes EQE
Risk level High (cash burn) High (niche market)

 

Short-term vs. long-term play

  • Short-term traders: Both stocks are highly volatile, making them potential candidates for swing trading based on news (earnings, delivery numbers).
  • Long-term investors: Rivian may have broader appeal due to its Amazon deal, while Lucid could dominate the luxury segment if execution improves.

Disclaimer: This is not financial advice. Always conduct your own research before investing.

 

Best Brokers to Trade EV Stocks (Including Rivian & Lucid)

As electric vehicle (EV) stocks like Rivian (RIVN) and Lucid (LCID) gain traction, choosing the right broker is crucial for maximizing opportunities while managing risks. Below is an in-depth comparison of the top brokers for trading EV stocks, including commissions, trading platforms, leverage, and unique features.

🎯 Pro tip: Use demo accounts to test oil strategies risk-free before committing capital.

eToro – best for Social and Copy trading

  • Regulation: FCA, CySEC, ASIC
  • Stock trading: Commission-free (spread included)
  • Fractional shares: Yes (invest from $10)
  • Leverage: Up to 5x (for CFD trading)
  • Unique featureCopyTrader – Mirror top EV stock traders
  • Best for: Beginners and long-term investors

98
Min. deposit
50$
Min. Spread
0.5
Bonus
Max. leverage
1:30
Used by
30000000+
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Trustly, iDEAL, Rapid, Klarna, Wire
! 51% of retail CFD accounts lose money.
Regulated by
FCA
CySEC
ASIC
98
Min. deposit
50$
Max. leverage
1:30
Bonus
Used by
30000000+
Min. Spread
0.5
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Trustly, iDEAL, Rapid, Klarna, Wire
Regulated by
FCA
CySEC
ASIC
Open account
! 51% of retail CFD accounts lose money.

Risk disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

 

XTB – lowest-cost broker for EV stocks

  • Regulation: FCA, CySEC, KNF
  • Stock trading: 0% commission (only FX conversion fee)
  • Platform: xStation 5 (advanced charts, economic calendar)
  • Leverage: Up to 1:5 (for CFDs)
  • Unique feature: Free real-time market sentiment data
  • Best for: Low-cost traders and technical analysts

98
Min. deposit
-
Min. Spread
0.5
Bonus
Max. leverage
1:500
Used by
656997+
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Bank Transfer, PayPal, Credit/Debit Cards, Neteller, Skrill
! Trading is a risky activity. Up to 74-83% of traders lose their money
Regulated by
FSC
CNMV
KNF
FCA
CySEC
98
Min. deposit
-
Max. leverage
1:500
Bonus
Used by
656997+
Min. Spread
0.5
Trading platforms
Own Platform
MetaTrader 4
MetaTrader 5
Web trader
Deposit methods
Bank Transfer, PayPal, Credit/Debit Cards, Neteller, Skrill
Regulated by
FSC
CNMV
KNF
FCA
CySEC
Broker type
Forex & CFDs
Open account
! Trading is a risky activity. Up to 74-83% of traders lose their money

 

AvaTrade – best for MetaTrader users

  • Regulation: Central Bank of Ireland, ASIC, FSCA
  • Stock trading: Spread-based
  • Platforms: MT4, MT5, AvaTradeGO
  • Leverage: Up to 1:5 (retail), 1:400 (pro traders)
  • Unique featureAutomated trading via Expert Advisors (EAs)
  • Best for: Algorithmic traders and forex/stock combi traders

97
Min. deposit
50$
Min. Spread
0.1
Bonus
Max. leverage
1:400
Used by
350000+
Trading platforms
Web Platform
ZuluTrade
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Sofort, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
ISA
ADGM
FFA of Japan
FSA of Japan
FSCA of South Africa
Central Bank of Ireland
CySEC
FSC of BVI
ASIC
97
Min. deposit
50$
Max. leverage
1:400
Bonus
Used by
350000+
Min. Spread
0.1
Trading platforms
Web Platform
ZuluTrade
MetaTrader 5
MetaTrader 4
Deposit methods
Bitcoin, Sofort, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill
Regulated by
ISA
ADGM
FFA of Japan
FSA of Japan
FSCA of South Africa
Central Bank of Ireland
CySEC
FSC of BVI
ASIC

 

Plus500 – best for short-term CFD traders

  • Regulation: FCA, ASIC, CySEC
  • Stock trading: CFD-only (no physical ownership)
  • Fees: Tight spreads, no commissions
  • Leverage: Up to 1:5 (retail), 1:30 (professional)
  • Unique featureGuaranteed stop-loss (no slippage)
  • Best for: Swing traders hedging EV stock volatility

95
Min. deposit
100$
Min. Spread
Variable
Bonus
Max. leverage
1:30
Used by
430000+
Trading platforms
Own Platform
Web Platform
MetaTrader 4
MetaTrader 5
Deposit methods
Trustly, iDEAL, PayPal, Klarna, Credit/Debit Cards, Skrill
! 82% of retail CFD accounts lose money.
Regulated by
MAS
FCA
FSA Seychelles
CySEC
ASIC
95
Min. deposit
100$
Max. leverage
1:30
Bonus
Used by
430000+
Min. Spread
Variable
Trading platforms
Own Platform
Web Platform
MetaTrader 4
MetaTrader 5
Deposit methods
Trustly, iDEAL, PayPal, Klarna, Credit/Debit Cards, Skrill
Regulated by
MAS
FCA
FSA Seychelles
CySEC
ASIC
Open account
! 82% of retail CFD accounts lose money.

82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

 

BlackBull Markets – best ECN trading for active traders

  • Regulation: FMA (NZ), FSA (Seychelles)
  • Stock trading: Limited selection (mostly forex & commodities)
  • Platform: MT4, MT5, BlackBull Trade
  • Leverage: Up to 1:500 (for forex, lower for stocks)
  • Unique featureRaw ECN spreads (from 0.0 pips)
  • Best for: High-frequency traders and scalpers

98
Min. deposit
-
Min. Spread
0.0
Bonus
Max. leverage
1:500
Used by
-
Trading platforms
Own Platform
Web Platform
MetaTrader 5
MetaTrader 4
Deposit methods
Bank Transfer, FasaPay, Credit/Debit Cards, Neteller, Skrill
Regulated by
FMA
FSA Seychelles
98
Min. deposit
-
Max. leverage
1:500
Bonus
Used by
-
Min. Spread
0.0
Trading platforms
Own Platform
Web Platform
MetaTrader 5
MetaTrader 4
Deposit methods
Bank Transfer, FasaPay, Credit/Debit Cards, Neteller, Skrill
Regulated by
FMA
FSA Seychelles
Broker type
Forex

 

Rivian vs. Lucid stock trading - FAQ

Rivian shows promise with Amazon’s backing and adventure-focused EVs, but high production costs and competition pose risks. Learn more in the article. Ready to trade? Use our special buttons to sign up with trusted FX broker.
Lucid targets luxury buyers with superior range (516 miles) and Saudi funding, but faces slower production than Tesla. See our full comparison above. Want to trade Lucid? Start with a top-rated broker today.
eToro (beginners) and XTB (low-cost) excel for EV stocks. Explore our detailed broker breakdown. Sign up now for exclusive offers.
Both stocks swing wildly on production news - better suited for risk-tolerant traders. We explain strategies in the article. New to trading? Try a demo account first.
Unlikely soon, but both carve unique niches (Rivian: utility, Lucid: luxury). See our bull/bear cases. Trade them now with a trusted platform.