3 Reasons Rivian Stock Is a Buy Now
Rivian's recent results emphasize the progress it's made with key value drivers including production, deliveries, and cost efficiency. In fact, its third-quarter annualized production rate topped 65,000 units, which should only increase in the quarters ahead.
The young EV maker is focused on further improving those factors mentioned above, while also improving the customer experience of owning a Rivian vehicle, and is opening additional demo drive locations where current and potential customers can experience the vehicles.
Rivian is making the right moves to produce and deliver more vehicles more profitably, while also opening the doors to boost sales through multiple avenues. These are just three of the reasons that make Rivian a very intriguing investment opportunity in the rapidly evolving EV industry.
The young EV maker is focused on further improving those factors mentioned above, while also improving the customer experience of owning a Rivian vehicle, and is opening additional demo drive locations where current and potential customers can experience the vehicles.
Rivian is making the right moves to produce and deliver more vehicles more profitably, while also opening the doors to boost sales through multiple avenues. These are just three of the reasons that make Rivian a very intriguing investment opportunity in the rapidly evolving EV industry.
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