Think It's Too Late to Buy Rivian? Here's the No. 1 Reason Why There's Still Time.

Rivian Automotive (NASDAQ: RIVN) is about to enter one of the most exciting growth spurts in its history. It plans to launch a new discounted model in as little as six months, with two more new models to follow soon after. These launches could easily double or even triple the company's revenue over the coming years.That has investors excited and the stock price on the rise. Think it's too late to invest? Think again. There's one reason Rivian shares remain surprisingly cheap.Other electric vehicle stocks like Tesla and Lucid Group trade at 6 to 13 times trailing sales. Rivian, meanwhile, trades at just 2.6 times trailing sales. Why the big discount?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool