Rivian bubble has just been popped

Rivian bubble has just been poppedt.co/pJFByqcNsa pic.twitter.com/JZSckhESOS

— Russian Market (@russian_market) November 17, 2021

Volkswagen

• Deliveries: 10 million vehicles/year
• Revenue: $300 billion/year
• Market cap: $136 billion

Rivian

• Deliveries: 156 vehicles total
• Revenue: $0
• Market cap: $152 billion

— Morning Brew ☕️ (@MorningBrew) November 17, 2021

Rivian is now the third most valuable carmaker on the planet.

Here are the fundamentals:
• $0 in sales
• Has only produced 56 cars
• Jeff Bezos likes the company pic.twitter.com/t3CrTd3Quo

— Fintwit (@fintwit_news) November 16, 2021