Core Insights - Amazon has been a historically strong investment, but it faced significant challenges, including a 90% drop in share value from 1999 to 2001 before recovering in 2009 [1] - Rivian is compared to Amazon in its early days, with potential for significant growth, especially given Amazon's 14% ownership stake in Rivian [2] Valuation and Market Expectations - Rivian's current valuation is low, trading at 2.8 times sales compared to its peak of 60 times sales in 2022, while Tesla trades at approximately 11 times sales and Lucid Group at around 7 times sales [5] - Rivian's stock would need to increase by roughly 65 times to reach a $1 trillion market cap, which could turn a $15,000 investment into over $1 million [7] Growth Potential - Rivian plans to expand its vehicle lineup with three new models priced under $50,000 starting in 2026, which could drive significant sales growth similar to Tesla's experience with its affordable models [8] - Rivian shares have experienced substantial losses due to overvaluation, but the long-term growth potential remains, suggesting that patient investors could see substantial returns [9]
1 Super Growth Stock Is Down 90% and Reminds Me of Amazon in 1999