logo
welcome
The Motley Fool

The Motley Fool

Could Buying Rivian Automotive Stock Today Set You Up for Life?

The Motley Fool
Summary
Nutrition label

75% Informative

Electric vehicle maker Rivian Automotive went public at $ 78 per share in its IPO on Nov. 9, 2021 .

Today , Rivian shares trade for about $10 , giving it a humbler market cap of $10 billion .

The bulls fled as Rivian 's growth slowed, it racked up steep losses, and rising interest rates popped its valuations.

Could buying Rivian now while the market is shunning it set you up for massive gains in the future?.

It's far too early to assume Rivian could replicate Tesla 's growth trajectory.

With Rivian shares trading at these prices, the downside risk for new investors could be limited.

Rivian certainly has the potential to turn a modest investment into a major asset.

But its stock could easily be cut in half again if the company can't meaningfully ramp up EV production.

VR Score

72

Informative language

69

Neutral language

32

Article tone

informal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

7

https://www.fool.com/investing/stock-market/market-sectors/consumer-discretionary/automotive-stocks/electric-vehicle-etfs/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=e30e305a-9860-4f4d-b584-72313ddad07ehttps://www.fool.com/investing/2024/10/19/could-buying-rivian-automotive-stock-today-set-you/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=e30e305a-9860-4f4d-b584-72313ddad07ehttps://www.fool.com/author/2154/https://www.fool.com/legal/fool-disclosure-policy/https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=3a302f9b-2146-4a53-919d-4a1bedbe1fa7&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-3%3Faid%3D9431%26source%3Disaeditxt0010984%26ftm_cam%3Dsa-dd%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D16623&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=e30e305a-9860-4f4d-b584-72313ddad07ehttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=3a302f9b-2146-4a53-919d-4a1bedbe1fa7&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-3%3Faid%3D9431%26source%3Disaeditxt0010984%26ftm_cam%3Dsa-dd%26ftm_pit%3D16623%26ftm_veh%3Darticle_pitch_feed_yahoo&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=e30e305a-9860-4f4d-b584-72313ddad07ehttps://www.fool.com/investing/2024/07/07/rivian-just-made-a-game-changing-move-heres-what/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=e30e305a-9860-4f4d-b584-72313ddad07e

Source diversity

2

Affiliate links

no affiliate links