TSLA vs RIVN — which stock performed better?

Tesla, Inc. (TSLA) versus Rivian Automotive, Inc. (RIVN), Consumer Discretionary, on 2026-07-24.

Result

Tesla, Inc. (TSLA) performed better on 2026-07-24. TSLA moved -2.080%, RIVN moved -3.100%.

Why these two companies

Tesla shares plunged roughly 14% on Thursday, July 23, 2026 after a Q2 earnings miss and negative free cash flow, and the shockwave hit fellow EV makers Rivian and Lucid that same afternoon. With Rivian sliding alongside Tesla just as investors debate whether the EV pioneer's core auto business is losing steam while it pours cash into AI and robotics, this is a timely head-to-head between the industry incumbent and its most-watched American challenger.

The research

Tesla builds electric cars and batteries and is pouring money into self-driving technology and robots, while Rivian builds electric pickup trucks and SUVs and is still a much newer, smaller company trying to prove it can grow profitably. One reason to look at Tesla is that even after Thursday's big drop it still sells far more vehicles than any other EV maker and just posted its highest-ever quarterly sales. One reason to look at Rivian is that its stock fell much less than Tesla's this week, and some investors see it as a cheaper way to bet on the same shift toward electric vehicles. Keep in mind that Tesla just had its worst trading day in about a year after missing profit expectations, so its stock could keep swinging in either direction, while Rivian still loses money on every vehicle it sells and will report its own results on July 30, which could move its stock on its own news.