<p>在特斯拉（Tesla）（TSLA -1.44%）之前，电动汽车（EV）只是一些爱好者玩弄的玩意儿。然而，现在每个主要汽车制造商和大量专注于电动汽车的生产商都在电动汽车领域竞争。</p>
<p>这是 <strong>Rivian</strong>（RIVN 0.50%）在试图借助特斯拉的东风而运营的背景，其业务专注于电动卡车。今天它是否比特斯拉更好？</p>
<h2>已取得巨大成就</h2>
<p>从零开始建立一个工业企业是一项巨大的壮举。开发一个可行产品的成本以及建立大规模生产所需的制造资产的成本都是巨大的。在竞争激烈且高度监管的汽车行业中做到这一点更是令人印象深刻，但这正是特斯拉在创建电动汽车业务时所做的。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mzc0OTgvMjNfMDFfMDYtdGhlLXdvcmQtZ3Jvd3RoLXNwZWxsZWQtb3V0LXdpdGgtYmxvY2tzLWFsaWduZWQtb24tYW4tdXB3YXJkLXNsb3BpbmctbGluZS1fbWYtZGxvYWQuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="700" height="466" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mzc0OTgvMjNfMDFfMDYtdGhlLXdvcmQtZ3Jvd3RoLXNwZWxsZWQtb3V0LXdpdGgtYmxvY2tzLWFsaWduZWQtb24tYW4tdXB3YXJkLXNsb3BpbmctbGluZS1fbWYtZGxvYWQuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<p>成为市场首发者为公司带来了明显的优势。它拥有一个全球知名的品牌，业务全球多元化，并且在其收入报表的底部定期产生利润。</p>
<p>也就是说，特斯拉不再仅仅是一家汽车公司，因为它在特斯拉的品牌下运营着各种业务，包括机器人、太阳能和电池储存技术。如果你在寻找一家纯粹的电动汽车股票，你需要另寻他处。</p>
<p>然后还有特斯拉首席执行官埃隆·马斯克（Elon Musk）这个不容忽视的问题。他，客观地说，是一个极具争议的人物。股票往往会根据马斯克的言论和生活决定而剧烈波动。</p>
<p>这是一种特有的风险，更为保守的投资者可能更愿意避免。事实上，反对马斯克生活决定的声音似乎在一定程度上导致了特斯拉销售疲软。2025 年第二季度，交付量同比下降了 13%。</p>
<h2>Rivian 处于早期阶段且争议较少</h2>
<p>大局来看，特斯拉做了一些令人难以置信的事情，其股价随着时间的推移飙升。但现在，它是一项高度波动的投资，同时也面临着一些由首席执行官的非特斯拉事业造成的商业逆风。今天投资这只股票，你可能需要对埃隆·马斯克和特斯拉都有很强的信心。</p>
<p>这就是为什么在电动汽车领域有其他选择是好的原因。Rivian 是一个有趣的替代选择，因为它仍处于业务发展的早期阶段。但它已经达成了一些重要的里程碑。</p>
<p>例如，它拥有一款屡获殊荣的卡车产品，并且已经实现了实质性的生产规模。此外，它还实现了毛利润，这是产生正收益的关键一步。</p>
<p>此外，Rivian 还有几个重要的合作伙伴。名单中显著包括 <strong>亚马逊</strong>（Amazon），该公司长期以来一直购买 Rivian 的配送车辆，以及 <strong>大众汽车</strong>（Volkswagen），后者为 Rivian 提供资金以换取其技术的使用。Rivian 的资产负债表上有约 70 亿美元的现金，可能有足够的资金继续推进其商业计划。</p>
<p>与此同时，Rivian 的下一个大目标正是来自特斯拉的商业模式。首先，Rivian 推出了一款高端卡车模型，明年它计划推出一款面向大众市场的版本（R2）。希望扩大客户市场将增加销售，并使公司能够在更多车辆上分摊成本。这反过来应该使公司更接近实现持续盈利。</p>
<h2>哪个是更好的电动汽车选择？</h2>
<p>特斯拉和 Rivian 都伴随着实质性的风险，因此更为保守的投资者可能不应该购买其中任何一只。不过，如果你愿意承担一些风险，Rivian 可能正处于其商业前景的重要转折点。</p>
<p>鉴于它得到了几位财力雄厚的合作伙伴的支持，Rivian 每个季度的成功机会似乎越来越大。这家电动汽车制造商可能不会拥有特斯拉曾经提供的上行潜力，但它在长期内的吸引力可能比现在的特斯拉更强。</p>

特斯拉

RIVN

2 倍做空特斯拉 ETF - GraniteShares

2 倍做多特斯拉 ETF - Direxion

2 倍做空特斯拉 ETF - Tradr

XI二南特斯-U

南方两倍做多特斯拉

南方两倍做空特斯拉

2 倍做多 TSLA ETF - GraniteShares

<p>这篇文章比较了 Rivian 和特斯拉在电动车（EV）市场的表现。特斯拉作为行业的先驱，拥有强大的品牌和多元化的业务，但由于首席执行官埃隆·马斯克的影响，面临着波动性。Rivian 仍处于早期发展阶段，已取得重要里程碑，包括与亚马逊和大众汽车的合作，并计划通过推出新车型来扩展市场。两家公司都存在风险，但对于愿意承担一定风险的投资者而言，Rivian 可能提供更好的长期前景</p>

<p>Before <strong>Tesla</strong>(TSLA -1.44%), electric vehicles (EVs) were just something that hobbyists played with. Now, however, every major automaker and a significant number of EV-focused producers compete in the EV space.</p>
<div class="lb-trans"><p>在特斯拉（Tesla）（TSLA -1.44%）之前，电动汽车（EV）只是一些爱好者玩弄的玩意儿。然而，现在每个主要汽车制造商和大量专注于电动汽车的生产商都在电动汽车领域竞争。</p>
</div><p>This is the backdrop in which <strong>Rivian</strong>(RIVN 0.50%) is operating as it tries to ride Tesla's coattails, with a business focused on EV trucks. Is it a better choice today than Tesla?</p>
<div class="lb-trans"><p>这是 <strong>Rivian</strong>（RIVN 0.50%）在试图借助特斯拉的东风而运营的背景，其业务专注于电动卡车。今天它是否比特斯拉更好？</p>
</div><h2>Huge achievements have been made</h2>
<div class="lb-trans"><h2>已取得巨大成就</h2>
</div><p>Building an industrial business from the ground up is a massive feat. The cost of developing a working product and then building the manufacturing assets to mass produce it are huge. Doing this in the highly competitive and highly regulated world of cars is even more impressive, but that's exactly what Tesla did when it created an electric-vehicle business from scratch.</p>
<div class="lb-trans"><p>从零开始建立一个工业企业是一项巨大的壮举。开发一个可行产品的成本以及建立大规模生产所需的制造资产的成本都是巨大的。在竞争激烈且高度监管的汽车行业中做到这一点更是令人印象深刻，但这正是特斯拉在创建电动汽车业务时所做的。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mzc0OTgvMjNfMDFfMDYtdGhlLXdvcmQtZ3Jvd3RoLXNwZWxsZWQtb3V0LXdpdGgtYmxvY2tzLWFsaWduZWQtb24tYW4tdXB3YXJkLXNsb3BpbmctbGluZS1fbWYtZGxvYWQuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F837498%2F23_01_06-the-word-growth-spelled-out-with-blocks-aligned-on-an-upward-sloping-line-_mf-dload.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><p>Being the first to market has given the company a distinct advantage. It has a brand known the world over, the business is globally diversified, and it has produced a profit at the bottom of its income statement on a regular basis.</p>
<div class="lb-trans"><p>成为市场首发者为公司带来了明显的优势。它拥有一个全球知名的品牌，业务全球多元化，并且在其收入报表的底部定期产生利润。</p>
</div><p>That said, Tesla isn't just a car company anymore, since it operates various businesses under the Tesla umbrella, including robots, solar power, and battery storage technology. If you're looking for a pure-play EV stock, you'll have to look elsewhere.</p>
<div class="lb-trans"><p>也就是说，特斯拉不再仅仅是一家汽车公司，因为它在特斯拉的品牌下运营着各种业务，包括机器人、太阳能和电池储存技术。如果你在寻找一家纯粹的电动汽车股票，你需要另寻他处。</p>
</div><p>Then there's the not-insignificant issue of Tesla CEO Elon Musk. He is, to be polite, a polarizing figure. The stock often moves dramatically, based on Musk's comments and life decisions.</p>
<div class="lb-trans"><p>然后还有特斯拉首席执行官埃隆·马斯克（Elon Musk）这个不容忽视的问题。他，客观地说，是一个极具争议的人物。股票往往会根据马斯克的言论和生活决定而剧烈波动。</p>
</div><p>That's an idiosyncratic risk that more conservative investors might prefer to avoid. In fact, pushback against Musk's life decisions appears to be at least partly responsible for sales weakness at Tesla. Deliveries fell 13% year over year in the second quarter of 2025.</p>
<div class="lb-trans"><p>这是一种特有的风险，更为保守的投资者可能更愿意避免。事实上，反对马斯克生活决定的声音似乎在一定程度上导致了特斯拉销售疲软。2025 年第二季度，交付量同比下降了 13%。</p>
</div><h2>Rivian is an an earlier stage and less controversial</h2>
<div class="lb-trans"><h2>Rivian 处于早期阶段且争议较少</h2>
</div><p>The big-picture truth is that Tesla has done some incredible things, and its stock price has rocketed higher over time. But now, it's a highly volatile investment that also happens to be facing business headwinds, some of which have been created by the CEO's non-Tesla endeavors. You'll likely need to have a high conviction in both Elon Musk and Tesla to step into the stock today.</p>
<div class="lb-trans"><p>大局来看，特斯拉做了一些令人难以置信的事情，其股价随着时间的推移飙升。但现在，它是一项高度波动的投资，同时也面临着一些由首席执行官的非特斯拉事业造成的商业逆风。今天投资这只股票，你可能需要对埃隆·马斯克和特斯拉都有很强的信心。</p>
</div><p>This is why it's good that there are other options in the EV space. Rivian is an interesting alternative because it's still in the early stages of its development as a business. But it has reached some important milestones.</p>
<div class="lb-trans"><p>这就是为什么在电动汽车领域有其他选择是好的原因。Rivian 是一个有趣的替代选择，因为它仍处于业务发展的早期阶段。但它已经达成了一些重要的里程碑。</p>
</div><p>For example, it has an award-winning truck offering and has achieved material production scale. In addition, it has achieved a gross profit, a key step on the way to generating positive earnings.</p>
<div class="lb-trans"><p>例如，它拥有一款屡获殊荣的卡车产品，并且已经实现了实质性的生产规模。此外，它还实现了毛利润，这是产生正收益的关键一步。</p>
</div><p>Moreover, Rivian has several important partners. The list notably includes <strong>Amazon</strong>, which has long purchased the company's delivery vehicle, and <strong>Volkswagen</strong>, which is providing Rivian funding in exchange for access to its technology. With around $7 billion of cash on its balance sheet, Rivian likely has more-than-enough money to keep moving forward with its business plans.</p>
<div class="lb-trans"><p>此外，Rivian 还有几个重要的合作伙伴。名单中显著包括 <strong>亚马逊</strong>（Amazon），该公司长期以来一直购买 Rivian 的配送车辆，以及 <strong>大众汽车</strong>（Volkswagen），后者为 Rivian 提供资金以换取其技术的使用。Rivian 的资产负债表上有约 70 亿美元的现金，可能有足够的资金继续推进其商业计划。</p>
</div><p>The next big goal for Rivian, meanwhile, is right out of the Tesla playbook. First, Rivian introduced a high-end truck model and, next year, it's looking to bring out a version (the R2) meant for the mass market. The hope is that an expanded customer market will increase sales and allow the company to spread its costs over more vehicles. That, in turn, should push the company even closer to turning a sustained profit.</p>
<div class="lb-trans"><p>与此同时，Rivian 的下一个大目标正是来自特斯拉的商业模式。首先，Rivian 推出了一款高端卡车模型，明年它计划推出一款面向大众市场的版本（R2）。希望扩大客户市场将增加销售，并使公司能够在更多车辆上分摊成本。这反过来应该使公司更接近实现持续盈利。</p>
</div><h2>Which is the better EV option?</h2>
<div class="lb-trans"><h2>哪个是更好的电动汽车选择？</h2>
</div><p>Both Tesla and Rivian come with material risk, so more conservative investors probably shouldn't buy either one. That said, if you're willing to take on some risk, Rivian could be on the cusp of an important upturn in its business prospects.</p>
<div class="lb-trans"><p>特斯拉和 Rivian 都伴随着实质性的风险，因此更为保守的投资者可能不应该购买其中任何一只。不过，如果你愿意承担一些风险，Rivian 可能正处于其商业前景的重要转折点。</p>
</div><p>Given the support it has from some well-heeled partners, Rivian's chances of success seem more likely every quarter. The EV maker probably won't have the upside potential that Tesla once provided, but it likely has more long-term appeal than Tesla does right now.</p>
<div class="lb-trans"><p>鉴于它得到了几位财力雄厚的合作伙伴的支持，Rivian 每个季度的成功机会似乎越来越大。这家电动汽车制造商可能不会拥有特斯拉曾经提供的上行潜力，但它在长期内的吸引力可能比现在的特斯拉更强。</p>
</div>

Better EV Stock: Rivian vs. Tesla

- 特斯拉在电动车市场的成功为其他厂商提供了竞争背景。  
- Rivian 作为新兴电动车制造商，已实现重要里程碑并获得多家合作伙伴支持。  
- 尽管两者均存在风险，Rivian 在长期发展上可能更具吸引力。

哪只电动车股票更好：Rivian 与特斯拉