StealthP3D
Well-Known Member
Hypothetical question since we think diversification is over rated....which seems more likely over the next 5 years?
Tesla able to justify it's market cap to $3.5T
Rivian able to justify it's market cap to $400B
Both of those represent 5x
Place your bets!
It depends upon what you mean by "able to justify it's market cap". Is this a trick question? Because by Elon's suggested metric of at least1 vehicle per billion dollars of valuation, as little as 400 Rivian in 5 years could justify 400 billion valuation?
/s
Seriously though, that exercise just illuminates how unlikely Rivian is to be a great investment, at least based on the performance we have seen from them over the last 12 years.