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Forget Rivian, Buy This Magnificent Electric Vehicle Stock Instead

Investors seeking the best option in the electric vehicle industry need look no further than Tesla.With its monumental initial public offering (IPO) in November 2021, Rivian (RIVN -4.60%) arrived on the electric vehicle (EV) scene with a bang. As the largest IPO for an American company since Meta in 2014, Rivian raised a whopping $12 billion. But since its public debut, things have been a little rough. In an industry that is growing more competitive by the year, Rivian has been confronted with challenge aft ...