is rivian a good investment
Rivian is a strategic investment and were still exploring ways. That stake follows a.
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Rivian Automotive Inc - Class A real time quote is equal to 62670 USD at 2022-02-15 but your current investment may be devalued in the future.
. While more companies are entering the scene Tesla has maintained its market share. Ford Says It Made. Rivian could get another boost from GOOGL and FB earnings.
Rivian built its first electric R1T production truck in September and depending on where you live. That sure sounds like a good thing on its face. The e-commerce giant announced its stake in Rivian has grown to more than 18 of the company making Amazons Rivian stake worth nearly 10 billion.
The last set of earnings was not good for the stock price so investors take. Rivian also announced earlier this week that it is due to release its own earnings on March 10 after the market close. First the company has a good market share in the fast-growing electric vehicle EV industry.
The chart below shows the Tesla market share in EVs. Is Tesla a good investment. Rivian picked a good time to go public as it is among the few startup EV makers actually producing and delivering vehicles.
Rivian RIVN shares have rallied and we must remind you of our previous note earlier this week asking if it was time to buy the EV upstart. Rivian an EV startup slated to produce the R1T pickup and R1S SUV has landed a 350 million investment from Cox Automotive. If you are looking for stocks with good return Rivian Automotive Inc - Class A stock can be a bad high-risk 1-year investment option.
While Tesla is an overvalued stock there are reasons to believe it is a good investment.
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