Rivian stock forecast 2030 factors in potential policy support. Carbon-neutral mandates could increase demand by 25%, leading valuation models to assign a forward P/E range between 28 and 35, above current sector averages. Why Rivian, Polestar, and Lucid Stocks All Dropped Today was originally published by The Motley Fool On top of being demand-constrained, almost all EV companies – including the formidable Tesla (TSLA) – now find themselves saddled with excess capacity. The huge wait for much sought-after EV models has now given way to cars piling up at dealers , while multiple companies have cut output to what they typically describe as levels meant to “better align production with market realities.” Market data shows EV pickup penetration could surpass 30% by 2030, translating to a bullish valuation scenario above $100 per share.
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