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Better EV Stock: Rivian vs. Polestar

Better EV Stock: Rivian vs. Polestar

Many electric vehicle makers went public over the past two years. Rising interest rates exacerbated that sell-off by crushing speculative, unprofitable, and overvalued stocks. Two of those stocks are Rivian (NASDAQ: RIVN), which went public through a traditional IPO last November, and Polestar (NASDAQ: PSNY), which went public by merging with a SPAC this June.