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Rivian, Lucid are being rewarded for their focus, not their vehicles

  • Many commentators have disparaged Rivian and Lucid as their valuations have shot past those of legacy automakers

  • Valuations aren’t just for the quality of their vehicles – by all accounts Ford has shown that it can make excellent EVs

  • New entrants will have many years of focus to build great EV companies, with legacy automakers torn between EV and ICE

Rivian, Lucid are being rewarded for their focus, not their vehicles
Paul Domjan
Paul Domjan

Senior Contributing Analyst

Tellimer Research
18 December 2021
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