Seems like Rivian has a great product, but it's unclear whether the company is going to make it. If someone believed that the company will ultimately succeed and achieve scale, they should buy stock. It's very cheap.
Seems like Rivian has a great product, but it's unclear whether the company is going to make it. If someone believed that the company will ultimately succeed and achieve scale, they should buy stock. It's very cheap.
It's really unfortunate that Rivian hasn't scaled. To me, their struggles really show how difficult of an industry it is and how small mistakes can really ruin an otherwise solid showing.
Gotta give kudos to Elon for dragging Tesla through the same hurdles and coming out on top with a profitable vehicle.