Rivian Automotive, Inc. (RIVN)

The only issue I see left for Rivian is execution in production which was the exact same issue Tesla had and they were able to figure out. So it is not impossible to do and the fact that they are accelerating production means they are solving the problems needed to succeed. The R2 series of vehicles is going to be where you see this company take off much the way Tesla took off with the model 3 and Y as the R2 series will be more comparable to a model Y where the majority of the market is. R2 will probably be much easier to produce as it should be a less complex vehicle with no air ride and probably less interior features much the way Tesla did with model 3 and Y. The R2 will actually make Rivian more profitable as they will be able to raise the R1 price to make that more in line with what it costs to produce with all the luxury features and the R2 with less features will be price near the cost of a Model Y for direct competition with Tesla. This will be the turning point where people will truly decide do I buy a Tesla or do I buy a Rivian.