Quote:
Originally Posted by Street Pharmacist
I dunno. The fact that Tesla is worth 3 times what Exxon is worth should tell us what the market thinks. I'm not going to defend the valuations, but the speculation is priced in. Rivian has sent in a confiential application to the SEC for an IPO and their valuation last year was higher than GM's current market cap. That's insane considering until a week ago they've never sold a single vehicle
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But have you seen the kitchen that slides out the side of the truck?