22.12.2024 14:15:00

Every Rivian Investor Should Keep an Eye on This Number

Over the coming years, Rivian Automotive (NASDAQ: RIVN) could become the next Tesla. It has several new mass market vehicles set to launch in 2026. If its sales trajectory matches what Tesla achieved when it introduced its first mass market vehicles, huge upside could be ahead.But for now, there's only one number I'm paying attention to -- and we should get big news regarding this number in a matter of months.To become the next Tesla, Rivian has to execute on multiple key objectives. It must be able to ramp up production facilities, get its new mass market vehicles to customers on time, and match the quality that the company has been known for so far. Then, perhaps its sales will take off in a similar way to Tesla's history.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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