EV Company Rivian's Stock Down 61% solarseven / iStock via Getty Images While Tesla Inc. (NASDAQ: TSLA) stock experienced a downturn this year, the situation for smaller electric vehicle (EV) maker Rivian Automotive Inc. (NASDAQ: RIVN) was even more challenging. Unlike Tesla, which saw a recovery in its shares, Rivian’s stock continued to drop, reaching a staggering 61% decline. The company’s sales, which are relatively modest, coupled with the industry’s overarching issues, have created a bleak outlook f ...