NVX 1.60% 61.5¢ novonix limited

Media Watch - NVX related, page-4981

  1. 238 Posts.
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    You asked my thoughts on Rivian.
    Their car looks amazing. It's a really brilliant package, especially for a first model. So many clever ideas and features in the design.
    As an investment, I wouldn't touch it with a barge pole at current valuation.

    That doesn't mean I'm not positive about their potential, but unlike Tesla, they are still so far way from scaling up, I couldn't value them more than maybe $20B.

    They are currently valued 2 or 3 times higher than Tesla was in 2019...and that's when Tesla has already made 4 models and sold 100,000's of cars

 
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