Rivian Stock Is Outrageously Cheap, but Does That Make It a Buy Now?
Key Points Compared to other electric car stocks, Rivian (NASDAQ: RIVN) shares are undeniably cheap. Tesla stock, for example, trades at 15.8 times sales. Lucid Group, a struggling EV competitor, trades at 3.3 times sales. Yet Rivian — a promising EV maker with an exciting few years ahead of it — trades at just 2.9…