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Could Rivian's Model 3 Moment Be Coming? Tesla Stock Climbed 1,364% in 3 Years.
The Motley Fool·
Rivian could be approaching a production breakthrough similar to Tesla's Model 3 moment, which drove Tesla's stock up 1,364% between 2018-2021. The key to success isn't just selling more R2 vehicles, but building them efficiently with fewer labor hours per unit. Early R2 demand signals are encouraging, and production is accelerating, but Rivian must prove it can improve automotive margins as production scales to truly reward shareholders.
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