I dont buy $Rivian Automotive, Inc.(RIVN)$
1. $(Ford)$ and $(Rivian)$ backed away from a deal, where both companies were going to collaborate to make electric vehicles.

2. The Ford representative on Rivian Board of Directors have also stepped down.

3. The new CEO of Ford said that they are focusing on making their own electric trucks.

Having the backing of Ford is why a lot of people invested in Rivian.