4 Big Reasons to Buy Rivian Now
While electric vehicle (EV) sales growth in the U.S. hasn't been as explosive as anticipated, the truth is that EVs are here to stay and are poised to boom in the years ahead. If you're buying into the long-term EV thesis, it's compelling to try to find the next -like investment.
Here are a few reasons EV maker Rivian Automotive (NASDAQ: RIVN) could be next in line to make a name for itself in this budding industry.
"If you build it, they will come" might work in the movies, but not so much in the automotive industry. In the highly competitive field, your product has to speak volumes, or consumers will leave the brand in droves.
Source Fool.com
Tesla Inc Stock
€392.40
0.490%
Currently there is a rather positive sentiment for Tesla Inc with 112 Buy predictions and 40 Sell predictions.
As a result the target price of 408 € shows a slightly positive potential of 3.98% compared to the current price of 392.4 € for Tesla Inc.
