It is unbelievable to see the stock of Rivian and Lucid motors just continue to rocket up, what is causing this? I have a few theories. What do you guys and gals think?
1. FOMO Major cases of Fear Of Missing Out
2. Investors are tired of Elon Musk's craziness and wanting another EV growth play even if it is risky
3. Both Rivian and Lucid seen to have cutting edge technologies, Lucid in drivetrain and Rivian in suspension.