Could Buying Rivian Stock Today Set You Up for Life?

Rivian (RIVN 0.08%) hasn't had the best year in 2024. The stock has lost around half its value year to date as of this writing. But it wasn't because the company didn't try. In fact, the problems are more likely growing pains than anything else, given that the upstart electric vehicle (EV) company is focused squarely on reaching profitability as soon as possible. But investors need to tread cautiously -- buying Rivian comes with material risks. However, if Tesla (TSLA 3.69%) is any indication, there is mate ...