2 Warren Buffett Quotes That Make Me Excited to Buy Rivian Stock

Core Insights - Warren Buffett's investment philosophy may apply to Rivian Automotive, suggesting it could be a long-term investment opportunity despite current challenges [1][5] Market Performance - Rivian's market cap has significantly decreased from over $150 billion at its IPO in 2021 to approximately $18 billion today [2][3] - The company's price-to-sales ratio is notably lower than competitors like Lucid Group and Tesla, reflecting a broader decline in EV stocks, excluding Tesla [3] Growth Potential - Rivian is expected to launch three new affordable models in 2026, which could enhance its growth potential and allow it to outpace competitors like Lucid and Tesla [4] - Historical context suggests that when Tesla introduced its affordable models, it experienced substantial growth, indicating a similar opportunity for Rivian [4] Investment Timing - Buffett's advice suggests that the current low valuation of Rivian may present an attractive entry point for contrarian investors, especially as the market sentiment shifts [4][5] - The lack of hype around Rivian compared to competitors may provide a unique opportunity for investors to capitalize on its potential recovery [5]