Reported 9 days ago
Investing in electric vehicles (EVs) can be challenging, but Rivian (NASDAQ: RIVN) stands out as a promising option that follows Tesla's successful business model. With plans to release more affordable models and demonstrating strong consumer satisfaction, Rivian could potentially mirror Tesla's growth if it overcomes current market skepticism and execution risks. Despite its current valuation of around $10 billion and ongoing losses, experts believe Rivian presents a lucrative long-term investment opportunity for those willing to wait.
Source: YAHOO