Where Will Rivian Be in 2028, and Is It a Buy Now?

This has mostly been a forgettable year for Rivian Automotive (NASDAQ: RIVN), as the young electric vehicle (EV) maker doesn't have any vehicle launches this year. That's also a good thing, because a mostly forgettable year means nothing horrible happened either -- just ask Ford Motor Company, which is currently setting a record for most recalls in one year ever.For Rivian to really reward long-term investors, it's going to have to scale. But how soon will we see growth? Where will Rivian be in, say, three years, and is it a buy now? Let's dig in.Rivian arguably had as much momentum as any EV maker exiting 2023, but then its delivery growth began to slow and signs of waning demand appeared. You can see this develop in the graphic.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool