Rivian Stock's Make-or-Break Moment: New SUVs to the Rescue?
Rivian Automotive (NASDAQ:RIVN) stock has certainly been on quite the slip in recent months. On a year-to-date basis, RIVN stock is down more than 50%, as sector-wide issues continue to hamper most names in this space.That said, Rivian also has its own fair share of hurdles to overcome. Higher interest rates and record-high EV inventories are only one piece of the equation. Rivian has seen its own demand hit hard by a lack of premium EV buyers, leading the company to revitalize its product offering. While I ...