The Ultimate EV Stock to Buy With $500 Right Now (Hint: It's Not Tesla)

Everyone wants to invest in the next Tesla. However, that's easier said than done. Tesla's rise from a struggling start-up to an $850 billion behemoth wasn't always a smooth ride. Over its history, many other electric vehicle companies went bankrupt. It's a difficult needle to thread, but if you can identify the next Tesla, huge profits can be made.Right now, there's one EV stock that has all the characteristics you should be looking for, right down to executing Tesla's proven roadmap for success: Rivian Automotive (NASDAQ: RIVN). Here's why.How exactly does a company become the next Tesla? Luckily, Elon Musk revealed his playbook many years ago when talking about Tesla's "Master Plan." The entire plan could be condensed into three points: Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool