Prediction: EV stocks will be the best investment in 2026. Here’s why:
3 EV Stocks Could Experience Big Growth in 2026
Legendary investor Warren Buffett is no stranger to electric vehicle (EV) stocks. He once invested in a Chinese electric car manufacturer and made profits of more than 2,000%. BYD. He owned the company for over 17 years before selling, proving how important it is to believe in these businesses for the long term.
Next year is shaping up to be one of the most exciting years in EV history. And there are many ways your portfolio can win. If you’re looking for a high-growth investment that could pay off big in 2026, choose from these three companies:
1. Tesla could become a giant robotaxi
Looking at electric vehicle stocks, tesla (TSLA 3.56%) Remains king. The company is one of the world’s largest EV producers with excellent access to capital to invest in new opportunities. Perhaps the biggest growth opportunity in the company’s history will not come from manufacturing cars, but from using its cars to run its own robotaxi service.
Earlier this summer, Tesla launched a robotaxi service in Austin, Texas. The launch wasn’t perfect. But last quarter Elon Musk predicted the service would expand to eight to 10 new cities by the end of 2025. He also reiterated his desire to remove safety monitors from the equation, allowing the company to expand to “hundreds of millions” of self-driving Tesla taxis by the end of 2026.
today’s change
(-3.56%)$-15.86
current price
$430.05
Key data points
market capitalization
$142.9 billion
work range
$421.91 -$438.00
52 week range
$214.25 -$488.54
volume
4M
average volume
88M
gross profit
17.01%
dividend yield
Not applicable
I’m skeptical that Tesla can achieve Musk’s optimistic goals. I don’t expect the service to expand to 10 new cities this year, nor do I expect millions of Tesla cybertaxis to hit the streets next year.
But some Wall Street analysts are buying what Musk is selling. For example, Dan Ives thinks the robotaxi opportunity could add $1 trillion to Tesla’s market capitalization by the end of 2026.
If the company can execute on its goals, there will undoubtedly be a lot of growth ahead for investors. But if you’re looking for a better balance of risk and reward, check out these EV stocks:
Image source: The Motley Fool.
2. Rivian looks like a value stock destined for growth
on paper, rivian cars (RIVN +0.07%) It’s a Tesla competitor. Both companies produce EVs sold primarily to the U.S. market. But there are also big differences.
Tesla’s market capitalization is $1.4 trillion. Rivian, on the other hand, is worth only $15 billion. Tesla stock is also much more expensive. The stock trades for roughly 16 times sales, compared to Rivian’s price-to-sales ratio of just 3 times.
Simply put, it is smaller and has a much lower valuation than Tesla. If you’re looking for a discount product with huge growth potential, this could be for you.
today’s change
(0.07%) $0.01
current price
$15.23
Key data points
market capitalization
$19 billion
work range
$14.25 -$15.38
52 week range
$9.55 – $17.15
volume
66M
average volume
47M
gross profit
-159.38%
dividend yield
Not applicable
The thing is, Rivian doesn’t have the robotaxi advantage that Tesla has. But 2026 has an ace up its sleeve. Next quarter, the company is expected to begin production of three new affordable models: R2, R3, and R3X.
R2 will begin production first, followed by the other two models. Crucially, all three will be priced under $50,000. This is an important benchmark considering that nearly 70% of Americans want their next vehicle to cost less than $50,000.
Today, more than 90% of Tesla’s vehicle revenue comes from two affordable models. With three affordable models in its lineup next year, Rivian could see significant sales growth similar to what Tesla achieved earlier in its history.
3. Lucid Group is high risk, high reward.
Tesla stock price is expensive, but the growth potential is clear. Rivian stock is cheap, but has clear growth potential. Lucid Group (LCID 3.79%) It’s somewhere in between.
Lucid stock currently trades at about 6 times sales, a valuation midway between Rivian and Tesla. The company is also planning to launch a new cheaper model, but that likely won’t arrive until late 2026 at the earliest. Most likely, this model will be released in 2027 or 2028.
today’s change
(-3.79%)$-0.68
current price
$17.28
Key data points
market capitalization
5 billion dollars
work range
$16.90 – $18.00
52 week range
$15.25 – $36.40
volume
17M
average volume
10M
gross profit
-9790.92%
dividend yield
Not applicable
Lucid is also involved in the robotaxi market, but not as directly as Tesla. The company plans to deliver 20,000 vehicles. uber technology It is part of the company’s robotaxi division. However, after the initial sale, Lucid will receive no residual proceeds from the transaction.
All of this puts Lucid in a strange position. The stock is more expensive than Rivian’s, but the company has no near-term plans to release a cheaper model. And while its stock price is cheaper than Tesla’s, the company’s robotaxi exposure is much less profitable. Even with a market capitalization of just $5 billion, Lucid may still have upside. But in 2026, I’ll stick with either Tesla or Rivian.
