Rivian’s market valuation is nearly double Ford’s a week into the electric-vehicle startup’s life as a public company, while rival Lucid Motors’ market value nearly matches GM’s on Tuesday, underscoring investors’ appetite for EV makers and the hunt for the next Tesla Inc.
Rivian’s market valuation is nearly double Ford’s a week into the electric-vehicle startup’s life as a public company, while rival Lucid Motors’ market value nearly matches GM’s on Tuesday, underscoring investors’ appetite for EV makers and the hunt for the next Tesla Inc.