Klaus Vedfelt Investment Thesis After its IPO in 2021, Rivian (NASDAQ:RIVN) was valued at over USD 100bn, more than Ford (F) or General Motors (GM). That has now come down to less than 14bn, after a 50% rally last month. Rivian had announced a deal with Volkswagen Group (OTCPK:VWAGY), where it will receive USD 1bn in December this year and possibly 4bn more until 2026 for a joint venture to develop software-defined vehicle platforms together. Source: Seeking Alpha It remains to be seen what kind of comp ...