HomeLifestyleVehiclesIs Rivian (RIVN) The Next Tesla (TSLA)? Can They Deliver?
Is Rivian (RIVN) The Next Tesla (TSLA)? Can They Deliver?

Rivian (RIVN) announced a partnership with Amazon (AMZN) and Ford (F). Is Rivian (RIVN) able to produce enough electric vehicles and how does it compare to Tesla (TSLA)? “Tesla (TSLA) is about 27 times the market cap of Rivian (RIVN) and has about 40 times the automobile deliveries. However, investors are hoping that the EV maker succeeds. Rivian is well above Lucid (LCID) when it comes to purchase intent mentions on social media and is also well above Tesla (TSLA) when it comes to consumer happiness. Rivian is growing quickly due to high gas prices and the overall demand for electric vehicles,” says LikeFolio’s Landon Swan. Tom White and Kevin Hincks weigh in on the effect of rising interest rates and growth versus value that Rivian (RIVN) must deal with.

Fast Market

03 Oct 2022

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