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• If you are wondering whether Rivian Automotive stock looks attractively priced or still carries too much optimism, this article focuses squarely on what the current valuation may be telling you.

• The stock last closed at US$16.52, with returns that include a decline of 1.4% over the past week, a 16.7% rise over the past month, and a 21.7% gain over the past year, while the year to date return is down 14.9%.

• Recent headlines around Rivian Automotive have focused on its position in the electric vehicle sector, its capital needs, and how the market views its long term business model. This backdrop helps explain why sentiment…