Hey kids! Did you know about Rivian, a company that makes electric cars? They've had some ups and downs lately, but things are looking good for their future. Rivian's stock (like a share of the company) has gone up recently, but some people think it's still a good deal to buy.
- Rivian sold more cars in 2024 than in 2023, but not by a huge amount.
- They plan to release cheaper, new electric cars in 2026, which could lead to more sales.
- Compared to other electric car companies like Tesla, Rivian's stock is considered relatively inexpensive.
| Company | Sales Growth (2024) | Stock Price Comparison (relative to Rivian) |
|---|---|---|
| Rivian | Slightly increased | Relatively inexpensive |
| Tesla | Slightly decreased | More than 5 times more expensive |
| Lucid | Significantly increased | More than 3 times more expensive |
