Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the 10 Best EV Stocks to Buy According to Hedge Funds. The company lays off employees amid a $1 billion equity investment and while awaiting the launch of its R2 SUV. Rivian Balances Layoffs and $1 Billion Volkswagen Investment Ahead of R2 Launch In the second quarter of 2025, Rivian Automotive, Inc. (NASDAQ:RIVN) achieved notable progress in the development of the R2 vehicle and its autonomy platform. The improvement strengthens the company’s position for ...