$RIVN has a growing brand and the stock price has value

Let’s start with Rivian’s brand. It has best in class electric truck. It’s won plenty of awards for safety and design:
TOP SAFETY PICK+ award
https://www.iihs.org/news/detail/2022-23-rivian-r1t-earns-top-safety-pick-award
The Rivian R1T Is the 2022 MotorTrend Truck of the Year
https://www.motortrend.com/news/rivian-r1t-2022-truck-of-the-year/amp/
Pre orders for their R1T and R1S are above 100K. They’ve delivered about 25,000 cars and there’s been a lot of sightings unlike other EV cars.
Let’s now talk about the stock price. This IPO during the height of 2021 at $78 with a 100B market cap. That’s some really good timing to raise 13B from the markets. Now the stock trades closer to $20 with a 17B market capitalization.
This price is really good entry for a long term hold as the company keeps growing. Rivian is your best bet like buying Tesla stock back in 2012.