Key Points Major automakers are pointing out that demand for EV's is weakening. One EV maker feeling the effects is Rivian, which is losing billions annually. With production of new models in the works, Rivian's costs might increase. 10 stocks we like better than Rivian Automotive › This is a loaded question, and the answer isn't an exact science. Rivian Automotive (NASDAQ: RIVN) held some serious traction in 2022 and 2023, but stalled out in 2024 -- it dropped from 167% revenue growth to 12%. So ...