“Tesla is facing some brand image challenges,”

[yyman]

TipRanks

“Tesla is facing some brand image challenges,” notes the investor, who adds that this “can end up being a strong tailwind for Rivian’s demand and margin outlook.”

Bluesea explains that Tesla CEO Elon Musk’s political affiliations are harming the company brand. This has already translated into decreased year-over-year sales for the month of January, such as in the European markets of France (down by 63%), Germany (down by 59%), and Sweden (down by 44%). The investor further predicts that a similar pressure point will be seen in the U.S. market, noting that Tesla’s car registrations in California dropped by 12% in 2024.

“Even a few percentage point shift in customer preference from Tesla to Rivian could immensely increase the demand potential of Rivian,” posits Bluesea.

When it comes to Rivian, there is a strong growth case to be made, explains the investor, with consensus revenue estimates calling for 43% growth for 2026 and 68% growth in 2027. It is not just revenues that are expanding, points out Bluesea, but margins which are improving as well. For instance, in the Software and Services segment, gross profit increased from $5 million in Q4 2023 to $60 million in Q4 2024.

As for the valuation, Rivian trades at a 2.6x price-to-sales multiple. Tesla, with a price-to-sales multiple over 12x, is much more expensively priced.

“The stock is quite cheap when we look at the forward revenue and margin potential of the company, making it very attractive,” concludes Bluesea, who rates Rivian a Buy.

Wall Street does not fully share this optimism. With 6 Buy, 11 Hold, and 3 Sell ratings, RIVN holds a consensus Hold. (i.e. Neutral) rating. Its 12-month average price target of $14.43 has an upside over ~26%.

[yyman]

RIVN
$12.22
7.15%
+0.81 Today

[MoneyLosers]

其实我是想买中国进口的电车的 ... 大总统不让 特斯拉股票不知道 反正特斯拉车没有一个好看的 尤其是皮卡 我傻傻分不清哪边是头哪边是腚

[pg1010]

TSLA pickup 简直就像一个活棺材。也像商用厨房里的冰柜。

[BigNothing]

最难看的角度是从背后看，那叫一个土。

[MoneyLosers]

大哥别这么说 ... 都开在一条路上 俺也不希望特斯拉制造事故 ...

TSLA pickup 简直就是一个活棺材。