Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTChris Neiger, The Motley FoolFri, July 3, 2026 at 11:20 PM GMT+2 5 min readDeciding between buying Rivian (NASDAQ: RIVN) or Lucid (NASDAQ: LCID) stock is a little tricky right now. Both companies sell fantastic electric vehicles that have earned high praise from automotive publications and expert reviewers.But the EV market is difficult, and selling good products isn't enough to ensure a company is worth investing in.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »Here's what's happening with Rivian and Lucid, why Rivian stock is the better one to own, and why investors will have to be patient to see the company's potential success.Image source: Rivian.Lucid has been a paradox for a while. On the one hand, the company is making significant improvements, including year-over-year production rising 55% in 2025 and revenue rising 68% to nearly $1.4 billion.On the other hand, Lucid has had significant losses for years, management uncertainty, and a constant need for additional capital infusions. Production issues for its recently launched Gravity SUV haven't helped either.Lucid's generally accepted accounting principles (GAAP) net loss was $12.09 per share in 2025, and the company has had to raise additional capital to help offset those losses. The most recent infusion came from a combined $1 billion investment from a Saudi Arabian Public Investment Fund affiliate and Uber Technologies, as well as from the sale of additional common stock.The Saudi public fund owns an estimated 57% stake in Lucid and has made several large investments in Lucid. But if it decides at some point that the company is no longer viable, it could be difficult for Lucid to stand on its own feet.What's more, Lucid has made several additional public offerings of common stock, which have diluted existing shareholder value multiple times.And then there's Lucid's management issues. The company is currently on its third CEO in just four years, and its CEO, Silvio Napoli, is an industrial expert who ran the Schindler Group, an escalator and elevator manufacturer.At this point, bringing in an outsider might be a good strategy for Lucid, but it's too early to tell, considering Napoli took the helm in June. He's also made some big moves at the company, including cutting 18% of Lucid's workforce, which was aimed at reducing costs by $158 million.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info