Morgan Stanley Bets Big on Rivian (82% Below IPO) as Tesla Stake Drops: EV Growth vs Dominance?
Morgan Stanley just made Rivian its LARGEST holding by boosting stakes 3% (≈3.9M shares)—a shocking bet even as Rivian’s stock is still 82% below its IPO price. 🚗 The move comes after Rivian’s Q4 earnings blew up: $120M gross profit, software revenue SURGED 109% to $447M, and