According to one Wall Street analyst, Rivian stock has 98% upside
A price war is brewing between Ford and GM in electric trucks, and Rivian's stock price could be collateral damage. Rivian stock price may be the result of a price war between Ford's and GM's electric trucks. The company's electric truck company has been in the news of an electric truck price war.
Analyst: Rivian stock has 98% Upside, according to 1 Wall Street analyst. Rivian has a demand problem -- but production is a bigger problem for Rivian, he says. The company has a production problem, but has a bigger demand problem, the analyst says.
Electric vehicle maker Rivian's quarterly results are due Tuesday after the bell. The electric vehicle maker is expected to release its quarterly results after the close of the year. Rivian is one of the leading electric car makers in North America. It's the first time Rivian has reported positive results in more than two years.