Rivian Automotive: I Am Aggressively Bottom-Fishing


  • Rivian Automotive is starting to scale up production.
  • The EV company produced 10,020 electric vehicles just in Q4-22.
  • Rivian should be able to pump out at least 50K electric vehicles in 2023, reflecting 25% YoY production growth.

Rivian Electric Pickup Truck


Now is the time to increase your stake in Rivian Automotive Inc. (NASDAQ:RIVN).

While I have previously been bullish on the EV company, I believe that Rivian Automotive’s progress in scaling up production towards the end of last year makes

RIVN Stock Price

RIVN Stock Price (Stockcharts.com)

Revenue Estimate

Revenue Estimate (Yahoo Finance)

Disclosure: I/we have a beneficial long position in the shares of RIVN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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