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Rivian stock forecast 2030 the rivian stock forecast 2030 hinges
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The rivian stock forecast 2030 hinges on battery cost reductions and expanded manufacturing capacity. Institutional models suggest upside potential exceeding 150% from current levels, assuming annual EV sales growth of 20% in North America and Europe. READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap To me, the execution at Rivian Automotive (RIVN) stands out amid the tide of production cuts that we’ve seen from names like Lucid Motors (LCID) , Polestar (PSNY) , and Fisker (FSR) . Even legacy automakers like Ford (F) and General Motors (GM) - who, until not long ago, were overly optimistic about their EV businesses and committed billions of dollars towards building electric cars - have scaled back. To put it bluntly, electric cars are not flying off the shelves – or more aptly, off the dealer lots - as automakers expected. Rivian’s position in the electric truck segment plays a critical role in rivian stock forecast