Rivian's R2: Affordable EV, Robotaxi Dreams
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Rivians stock is currently undervalued, trading at just 3.2 times sales, compared to Teslas 13 times. If Rivian were valued like Tesla, shares could surge over 300%. The R2, Rivians first affordable SUV under $50,000, is set to launch next month, potentially marking a growth phase for the company. Additionally, Rivians investment in AI for full self-driving aligns with Ubers commitment to purchase up to 50,000 R2s for their robotaxi fleet, hinting at a potential ten trillion dollar robotaxi market. Keep an eye on Rivians delivery progress.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/8c7147a030a7ec25