Id say yes
Should You Buy Rivian Stock Instead of Tesla?
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. With its shares down by almost 90% since it went public in November 2022, Rivian has been a hugely disappointing investment for those who bought shares early, especially compared to alternatives like Tesla, which is up by around 27% over that one-year timeframe. The upstart electric vehicle maker has had to raise capital as its cash burn has continued. But now that those issues have been priced into the previously overvalued stock, could it be time to buy?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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