Just walking by Rivian headquarters in Irvine, I saw a row of R1T's being parked and charged with these seemingly elegant charge stations in the parking lot. These vehicles looked stunningly beautiful in person than on YouTube or pictures. I believe that the solid backing of Amazon and other good investors do see and will do whatever is necessary to make sure that Rivian will fulfill the demand. I think there will be enough market for all the good players like Tesla$Tesla Motors(TSLA)$ and Rivian$Rivian Automotive, Inc.(RIVN)$ , NIO$NIO Inc.(NIO)$ , Lucid$Lucid Group Inc(LCID)$ , Sono (SEV)$Sono Group N.V.(SEV)$ and more. For this reason, I believe that now we cannot say whether Rivian is overpriced for a company that is planned and seems to have the right recipe to be a major player in the future.
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