RIVN - Wall Street Breakfast: Let's Go Racing

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Let's go racing Boogity, boogity, boogity... An electric car rally has taken hold of the market over the last week and the sector is showing little signs of slowing down. Traders are screaming future, especially after the COP26, though others (that likely missed out on the rally) are saying the fundamentals don't match up and FOMO forces are at play. The U.S. infrastructure package is another reason for an EV party, with $12B dedicated to accelerating the use of electric vehicles, as well as potential EV tax credits on the way in the upcoming Build Back Better bill. Stats: Just days after going public, Rivian Automotive's (RIVN) market capitalization zoomed past that of Volkswagen (OTCPK:VWAGY), which is the second-largest automaker in the world by volume. Putting

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Wall Street Breakfast: Let's Go Racing