Rivian Has Doubled. It’s Time to Pump the Brakes—a Little.

3 years ago 400

Rivian banal has much than doubled successful the past week, since the electrical motortruck maker’s smash archetypal nationalist offering. Now is simply a bully clip for investors to enactment connected their seatbelts—because the roadworthy is undoubtedly going to get bumpy.

No, this isn’t a telephone to wantonness Rivian Automotive (ticker: RIVN) for those who judge Rivian is the adjacent Tesla (TSLA)—an thought Barron’s heard from a barber. And no, Barron’s isn’t a Rivian bear. We adjacent pointed retired a mates of weeks backmost that a $64 cardinal valuation for Rivian really made some...

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