Chasing the Rivian IPO
$Rivian Automotive(RIVN.US$ matters as it offers Americans another choice when it comes to an EV maker other than the hugely successful $Tesla(TSLA.US$. What matters more is perhaps $Rivian Automotive(RIVN.US$ will be the first to market an electric pick-up truck. With a headstart, an exciting vehicle and fresh capital, will that be enough for the new car company to succeed? The path to its success may not be easy as it is almost unknown and has little time for mistakes. $Rivian Automotive(RIVN.US$ does not have the same opportunities as $Tesla(TSLA.US$ to experiment and figure things out without the competition. Even though the contract by $Amazon(AMZN.US$ would be the main growth catalyst, there are risks involved by depending heavily on a single customer and possible supply chain disruptions that could lead to costly delays. Investors should be prepared to brace themselves for a stomach-churning ride. For now, $Tesla(TSLA.US$ seems to be a safer bet as its success story is not easy to replicate.
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jasonleett : Good write-up on a Tesla competitor
lusy bubb : The second Tesla
HopeAlwaysOP jasonleett: Investors would be keen to know how well can $Rivian Automotive (RIVN.US)$ compete with $Tesla (TSLA.US)$.
HopeAlwaysOP lusy bubb: IPO investors are betting on $Rivian Automotive (RIVN.US)$ to be the next big player in the EV sector dominated by $Tesla (TSLA.US)$.
101767718 : Rivian looks exciting but the IPO price isn't cheap.
不理不理左不理 : Betting on a singular marketing apprentice is risky and more likely to trigger shortfall leading to market drop in value if not handled properly. For now, Tesla would be a better option.
HuatEver : End users can now have the luxury of more alternatives when they decide on EV purchase.
HuatLady : Yes, I agree that the Giant $Tesla (TSLA.US)$ is a strong challenge but $Rivian Automotive (RIVN.US)$ has the advantage of two strong back ups in $Amazon (AMZN.US)$ and $Ford Motor (F.US)$. Moreover, Rivian is the first in the market to produce electric pick up.
HopeAlwaysOP 101767718: Its valuation does appear to be lofty.
HopeAlwaysOP 不理不理左不理: $Tesla (TSLA.US)$ is the undisputed EV leader and its recent earnings also beat expectations.
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