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Is Rivian Stock a Buy?

·4 min read
Is Rivian Stock a Buy?
In this article:
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  • RIVN
  • F
  • AMZN
  • TSLA

Having delivered less than 200 vehicles so far, Rivian Automotive (NASDAQ: RIVN) sports a market capitalization of roughly $100 billion. As has been widely covered in the media, the company's market cap exceeds that of General Motors or Ford Motor Company (NYSE: F). Founded in 2009, Rivian entered the EV market with a five-passenger pickup truck, R1T, and started deliveries in September this year.