Core Viewpoint - Rivian Automotive's shares are considered undervalued relative to their long-term potential, with a recent stock price increase of approximately 40% since early November [1]. Company Overview - Rivian currently has only two models available in the market, the R1T and R1S, both priced around 50,000, potentially allowing the company to significantly expand its market reach [3]. - The introduction of mass-market vehicles could lead to a substantial increase in sales, similar to the impact seen with Tesla's Model 3 and Model Y [3]. Valuation and Investment Considerations - Rivian's current share price is relatively low at 3.1 times sales, but volatility is expected until the mass-market vehicles are launched [4]. - Despite the higher valuation, Rivian remains a favorable long-term investment due to the potential of its upcoming models, although investors should be prepared for possible share price fluctuations before 2026 [4].
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