1 Reason to Be Very, Very Excited About Rivian Stock Right Now

Rivian Automotive (NASDAQ: RIVN) stock trades at a sizable discount to electric-vehicle (EV) competitors like Tesla and Lucid Group. That discount is due to the company's lackluster growth rates in recent quarters. But looking ahead to 2026, Rivian's growth rates should skyrocket. And there's one major reason for this impending growth spurt.According to many valuation metrics, Rivian trades at a sizable discount to other electric vehicle (EV) makers like Tesla and Lucid. Rivian, for example, trades at a price-to-sales ratio of around 3. Lucid shares, meanwhile, trade at around 7 times sales, with Tesla stock trading at an astounding 15 times sales.Why does Rivian trade at such a steep discount? There are two primary reasons.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool