Think Rivian Stock Is Expensive? These 4 Charts Might Change Your Mind.

Group 1 - Rivian has experienced significant growth since its IPO in 2021, with annual revenues now exceeding $5 billion, showcasing a remarkable increase in just four years [2] - The electric vehicle industry has been developing for over a decade, making it easier to predict growth potential compared to newer markets like artificial intelligence [3] - Tesla's success in scaling production of affordable electric vehicles has set a benchmark for Rivian, highlighting the challenges and capital requirements in the EV manufacturing sector [4][5] Group 2 - Rivian plans to begin production of its first affordable vehicle, the R2, priced at $45,000, which is expected to broaden its market accessibility [6] - Historical patterns in Tesla's growth, particularly the introduction of mass-market models like the Model 3 and Model Y, suggest that Rivian could experience similar growth spurts in the future [7] - Rivian is anticipated to have several mass-market models in production soon, with key metrics expected to improve significantly by 2026 [8]