Cut to today, and Rivian's market cap is just about $25.6 billion. The stock has been pummeled this year, and rightly so: Investors have had plenty of concerns, including Rivian's inability to produce its flagship R1T pickup truck at scale. Rivian's plans sound promising, Scaringe sounds confident, and the stock is trading at a fraction of its all-time highs. Read More...
Cut to today, and Rivian’s market cap is just about $25.6 billion. The stock has been pummeled this year, and rightly so: Investors have had plenty of concerns, including Rivian’s inability to produce its flagship R1T pickup truck at scale. Rivian’s plans sound promising, Scaringe sounds confident, and the stock is trading at a fraction of its all-time highs.
Add Comment