Should You Buy Rivian Stock While It's Below $14.50?
Rivian (NASDAQ: RIVN) has a long way to go in terms of sales growth. But long term, it could become the next Tesla. There are many notable differences between Tesla and Rivian today, but if you crunch the numbers, it's not hard to project huge growth upside for Rivian over the next several years and beyond.Rivian had a rough 2024, but there are two reasons why I'm more bullish than ever about its stock.As an electric-vehicle (EV) stock, Rivian's share price has gyrated wildly over the years. In 2021, EV makers were seeing their valuations soar as expectations for demand similarly climbed.Continue reading
Rivian (NASDAQ: RIVN) has a long way to go in terms of sales growth. But long term, it could become the next Tesla. There are many notable differences between Tesla and Rivian today, but if you crunch the numbers, it's not hard to project huge growth upside for Rivian over the next several years and beyond.
Rivian had a rough 2024, but there are two reasons why I'm more bullish than ever about its stock.
As an electric-vehicle (EV) stock, Rivian's share price has gyrated wildly over the years. In 2021, EV makers were seeing their valuations soar as expectations for demand similarly climbed.
