Why is Rivian trending this morning in Google Trends?
We don’t see any reason other than the Fed’s recent rate cut, which seems to have bumped up a lot of stocks. But when a stock is the #1 searched term in a category on Google, it makes us wonder. The company, hailed as the next Tesla, has yet to make a profit. If TSLA could go to $32 Trillion, maybe a $11.8 billion market cap for RVIN isn’t so out of the question.
Jalali Hartman is the founder of Robauto.ai. Since 2013 Robauto has been providing robotics education, news and innovation in the fields of robotics and Artificial Intelligence. He is a thought leader, TedX speaker and expert in algorithms and human-robot interaction.
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