$Rivian Automotive, Inc.(RIVN)$ This stock having close to $12B cash and produced more auto compared to LUCID. But LUCID and Rivian have same market cap!!!!!!! this stock is undervalued. Only looking for any good news and this stock will go to the moon.
Lets go RIVN!!! The Rivian Georgia plant is expected to have a production capacity of up to 400,000 vehicles per year. Construction on the plant is expected to begin in summer 2022, and the start of production is slated for 2024.
The plant will be located in Morgan and Walton Counties, east of Atlanta. It will be the company's second manufacturing facility in the United States, after its plant in Normal, Illinois. The Georgia plant will be used to produce Rivian's next generation of vehicles, including the R2 platform, which is expected to be more affordable than the company's current vehicles.
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