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Rivian: Better Value Than Investors Think
hapabapaElectric vehicle companies have rotated out of favor with investors lately due to weaker demand for EVs and concerns over a potential Fisker bankruptcy. Many electric vehicle companies, including Rivian Automotive (NASDAQ:RIVN), Lucid Group (LCID) and even Tesla (TSLA) have seen signs of a growth slowdown, resulting in a significant amount of value destruction in the last year. Rivian just reported first fiscal quarter earnings that also fell short of Wall Street’s earnings estimates. However, R ...