Are roller coaster EV stocks too much for you to stomach? Check out these 2 overlooked automotive plays that pay you cash — with extreme reliability

Are roller coaster EV stocks too much for you to stomach? Check out these 2 overlooked automotive plays that pay you cash — with extreme reliability

A higher potential return often comes with higher risk, and electric vehicle stocks just demonstrated that point again.

Tesla enjoyed an enormous rally over the last few years. But the pullbacks can also be substantial: Over just the past month, shares fell by about 20% at one point.

Then there’s Rivian, which went public last month at an IPO price of $78 per share. The stock shot to over $170 in mid-November before losing its momentum and has been trading at around $96.

If you don’t like the roller coaster ride happening with some EV stocks, remember there are more stable ways to play the automotive sector.