Rivian I.P.O. Is Embraced by Investors Looking for Another Tesla

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: The electric-vehicle maker, backed by Amazon and Ford, ended its first day of trading valued at $86 billion, though its deliveries so far total 156.

Source: NYTimes.com

Date: Nov 11, 2021

Link: https://www.nytimes.com/2021/11/10/automobiles/rivian-stock-price-ipo.html

Questions for discussion:

  • What are the challenges facing the company?
  • Can you explain the hype for the IPO?

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