Growth is very attractive because rarely do stagnant companies become growth stocks and plenty of growth stocks keep growing and growing and growing. I thought Amazon would stop being “overpriced” for like 15 years now. Nope. Always trades at a generous multiple and (generally) keeps growing.
I’m personally not a huge fan of rivian as a stock but in general this market loves to give growth stocks a massive premium.
In some states (quite a few) they offer an additional rebate. Some exempt sales tax (I think New Jersey?) either way just google “EV incentives ” and you’ll see. I think Colorado is most generous at 5k + 7.5k federal.