Agreed, but Amazon isn't going to buy $86 Billion worth of delivery vans.
This valuation is nuts.
No crazier than Tesla, another feeder at the government teat.
Tesla market cap = ALL OTHER CAR COMPANIES COMBINED.
Totally agree. I gave up trying to understand the stock market. It’s like chasing tulip bulbs now.
At least with Tesla, it’s possible (not likely) that some of Musk’s crazy stuff might actually make money.
Rivian looks like a pure play on electric vehicles. With a ton of competition on the horizon. Good luck guys.
Seems to me that this valuation is kind of like a self fullfilling prophecy. Snake oil. Nothing more.
Hey, the experts on Wall St are saying this thing is guaranteed, a lock. Buy it up like it’s the last deal you can ever make.
Marketing at its finest.
Shhhhhhh......the Chinese pretty much have control over all the lithium in the world and they’ll end up making all the EVs, but buy this company up now so we can make our money.