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Could R2 Make Rivian Profitable in 2026?

Electric car stocks took a beating on March 14 after reports surfaced that Fisker may be closer to preparing for bankruptcy. The news came less than a week after Rivian Automotive (RIVN -0.36%) unveiled its next-generation R2 electric vehicle (EV), as well as its R3 and R3X.The sell-off has intensified since then. As of market close on March 22, Tesla, Lucid Group, Nio, and Rivian were all down between 31% and 54% year to date.Fisker's financial woes are a painful reminder that an EV company's success ultim ...