Electric vehicle start-up Rivian Automotive's (NASDAQ: RIVN) November debut on Wall Street was one of the most hyped initial public offerings in recent memory. Its market cap is already more than $80 billion, and shareholders are hoping it becomes the next Tesla (NASDAQ: TSLA). With high demand for its upcoming vehicles and a large deal to supply vans to Amazon, Rivian could be a long-term winner. Read More...
Electric vehicle start-up Rivian Automotive’s (NASDAQ: RIVN) November debut on Wall Street was one of the most hyped initial public offerings in recent memory. Its market cap is already more than $80 billion, and shareholders are hoping it becomes the next Tesla (NASDAQ: TSLA). With high demand for its upcoming vehicles and a large deal to supply vans to Amazon, Rivian could be a long-term winner.