Why Rivian Stock Investors Need Nerves of Steel Amid Mixed Outlook
Down 86% from its IPO, Rivian Automotive (NASDAQ:RIVN) may not be the first EV stock most investors point to for growth. In fact, the deteriorating nature of the Rivian stock price over time has pushed many investors away. Indeed, 2024 hasn’t been a positive year for EV stocks, as macro tailwinds take a toll on this sector.Rivian’s overall lineup continues to grow, and I like the look of its vehicles. And while adoption is picking up, manufacturing and production related issues have hampered the company in ...