Over the past few years, electric vehicle manufacturers have joined the market, and either their financial earnings increased or were restrained by IPO or SPAC mergers. Below, you can see how some of the companies producing EVs compare side by side on Wall Street and how far they have come or fallen in the previous year, according to Electrek.
Comparison of three different groups of EV stocks
Below are find three separate tables. Each part is one cohesive set of data:
- How companies are doing stock-wise over the last month.
- How each differs from its competitors.
- How do these numbers compare to each company’s status for the past year.
The first chart is a global stock comparison, including legacy and EV automakers globally. The second chart includes EV stocks sold in the US market.
Lastly, the third table comprises automakers that manufacture EVs only, without legacy automakers starting to join in electrification. Some startups that went public for a few years and how they’ve fared are present in this table.
Global stock comparisons as of October 28, 2022
| Rank | EV Company | Current Value | Last month’s value | Monthly change | Year-over-year change (10-18-21) |
| 1 | Tesla | $225.09 | $287.76 | -$67.44 | -$138.69 |
| 2 | Toyota | $138.52 | $136.91 | +$1.61 | -$37.96 |
| 3 | Volkswagen Group | $126.68 | $137.90 | -$11.22 | -$68.10 |
| 4 | Porsche | $100.45 | $82.50 | +$17.95* | — |
| 5 | BMW | $79.44 | $71.58 | +$7.86 | -$7.90 |
| 6 | Mercedes-Benz | $58.27 | $54.44 | +$3.83 | -$25.58 |
| 7 | Volvo Cars | $45.14 | $51.36 | -$6.22 | -$20.06 |
| 8 | BYD | $42.91 | $53.80 | -$10.89 | -$31.94 |
| 9 | General Motors | $38.53 | $35.24 | +$3.29 | -$15.71 |
| 10 | Rivian | $34.76 | $35.06 | -$0.30 | -$95.19** |
*- compared to September 30, 2022 IPO / **- compared to November 8, 2021 IPO
It must be no surprise that American automaker Tesla is #1 in EV stock. Despite a significant fall compared to October 2021, the EV automaker is still almost double the value of its #2 competitor Toyota, which it replaced as the world’s most valuable automaker years ago.
Following its IPO split from parent Volkswagen Group last month, Porsche presented the largest gains this month by a lot, ramping up nearly $18 in value.
EV stock comparisons in the US markets
| Rank | EV Company | Current value | Last month’s value | Monthly change | Year-over-year change (10-18-21) |
| 1 | Tesla | $225.09 | $287.76 | -$67.44 | -$138.69 |
| 2 | Toyota | $138.52 | $136.91 | +$1.61 | -$37.96 |
| 3 | BYD | $42.91 | $53.80 | -$10.89 | -$31.94 |
| 4 | General Motors | $38.53 | $35.24 | +$3.29 | -$15.71 |
| 5 | Rivian | $34.76 | $35.06 | -$0.30 | -$95.19** |
| 6 | Hyundai | $27.72 | $31.15 | -$3.43 | -$13.95 |
| 7 | BMW | $26.40 | $23.56 | -$0.70 | -$15.40 |
| 8 | Volvo Cars | $16.47 | $14.27 | +$2.20 | -$7.14 |
| 9 | Mercedes-Benz | $14.52 | $13.35 | +$1.17 | -$9.91 |
