RIVN Stock Analysis: The Bull and Bear Case for Betting on Rivian
Rivian AutomotiveRivian Automotive(US:RIVN) InvestorPlace·2024-02-16 21:22

The electric vehicle (EV) industry is encountering speed bumps, causing doubt to incumbent automakers. However, for early-stage EV companies like Rivian (NASDAQ:RIVN), it’s been a very rocky year thus far, with RIVN stock plunging more than 30% year-to-date alone, as investors digest various headwinds in this space. This is central to my RIVN stock analysis.Despite the company’s electric vans, Rivian’s consumer segment faces challenges. Tesla’s (NASDAQ:TSLA) price cuts on its Model Y SUVs, and analyst downg ...