Group 1 - The article expresses a bullish sentiment towards Rivian, highlighting its potential for future growth despite price volatility [1][4] - Rivian is positioned to capture market share with the upcoming R2 mid-size SUV, which is expected to expand its total addressable market (TAM) beyond the premium R1 lineup, with a projected price point of approximately $50,000 [4] - Recent trading activity indicates a reversal of the downtrend, with Rivian closing above major moving averages, suggesting a confirmed bullish phase [3][8] Group 2 - The momentum indicators show a slight negative divergence between momentum and price, but Rivian experienced a mean reversion to the buy side following its recent earnings report [10][11] - Rivian plans to introduce hands-free point-to-point driver assistance by late 2026, with the CEO suggesting that autonomy will drive the adoption of electric vehicles [15] - A significant price target for Rivian is set at around $25, contingent on moving above the July calendar range and maintaining higher lows since April [16]
Could Rivian Become a $100 Billion+ Company?