$Rivian Automotive (RIVN.US)$ remains a speculative EV play ...
$Rivian Automotive (RIVN.US)$ remains a speculative EV play that reported $0 in revenue for the trailing-twelve months (TTM). The company made its first truck deliveries just 2 months ago, and a majority of those orders were sent to Rivian employees. However, it’s still worth noting that $Amazon (AMZN.US)$ and $Ford Motor (F.US)$ are major backers of the EV maker, with the former having already placed a preorder for 100,000 vehicles.Before making an investment in Rivian, investors need to sit down and think about whether Rivian can truly sell enough cars in the future to support its sky-high market capitalization, which currently sits at $110 billion.
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