Warren Buffett Sees Opportunity in Rivian's Falling Stock
Warren Buffett, renowned investor, sees parallels between Rivian Automotive and his past EV investment, BYD. Despite not currently holding Rivian shares, he offers insights into the company's potential.
Buffett's quote, 'The best chance to deploy capital is when things are going down', could apply to Rivian's current situation. The company's market cap has dropped to $18 billion, potentially presenting a bargain opportunity according to Buffett's investing philosophy.
Rivian's affordability strategy could set it apart. Planned models in 2026 aim to outpace Lucid and Tesla in growth. Buffett's quote, 'Be fearful when others are greedy, and greedy when others are fearful', echoes Rivian's current low valuation, suggesting a chance for investors to capitalise on others' caution.
Rivian Automotive, despite recent market fluctuations, shows promise with its affordable EV strategy. Buffett's insights, drawn from his past EV investment in BYD, offer encouragement to potential investors.
