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Stock impact report

Think It's Too Late to Buy Rivian? Here's the Biggest Reason Why There's Still Time. [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
The recent dip has caused the company's market capitalization to fall under the $12 billion mark. Meanwhile, competitors like Tesla enjoy a market value of nearly $1 trillion. Still, if you think it's too late to buy into Rivian, think again. In fact, there's a huge catalyst waiting just around the corner for this promising EV stock 1 Reason it's not too late to buy Rivian stock It takes a long time to bring a vehicle to market. Many years must be spent designing the vehicle. And many more years are often spent ramping up the necessary manufacturing facilities, passing the required regulatory barriers, and marketing the brand to prospective buyers. For established automakers, this timeline is shortened due to existing brand awareness and production capabilities. Read more
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