July 12, 2023 5:10 AM EDT
Rivian can be a leading beneficiary of the Electric vehicle market growth. In the next 5 years, Electric vehicles will account for 40% of all vehicles. By 2030, Rivian can become a profitable company. With the company's growth, Rivian stock can go above $100 in 2030.
If Rivian sustains for longer in the EV war, then RIVN stock prices can go up to $500 in 2040.