Rivian Soars On Volkswagen Deal, Still Just A Hold (Upgrade)


  • Rivian shares surged after announcing a deal with Volkswagen, potentially bringing in necessary capital.
  • Volkswagen could invest up to $5 billion here, but some of that would go towards a joint venture between the two firms.
  • Rivian’s valuation is quite fair given expected 2026 revenues, but I can’t recommend buying until we see more progress on losses and cash burn.

Stacks of Money

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One of the most disappointing names in the market in recent years has been Rivian (NASDAQ:RIVN). The electric vehicle maker saw shares surge to nearly $180 after going public, only to find themselves in the single

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