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Rivian Vs. Tesla: At Least The Market Treats Rivian as What It Really Is

Yahoo · Published by source:

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Tesla just posted record deliveries and still trades at 344 times earnings while Rivian bleeds cash but actually gets valued like a car company. The gap between those two realities reveals something uncomfortable about what investors think they are actually buying.

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Original title and summary

Rivian Vs. Tesla: At Least The Market Treats Rivian as What It Really Is

Tesla just posted record deliveries and still trades at 344 times earnings while Rivian bleeds cash but actually gets valued like a car company. The gap between those two realities reveals something uncomfortable about what investors think they are actually buying.