Should You Buy Rivian Stock After It Receives a Monumental $5.8 Billion Investment That Could Define Its Future?
Rivian Automotive(RIVN) The Motley Fool·2024-12-11 10:55
The electric vehicle (EV) market hit some speed bumps in the last few years. While sales are still growing, the recent sales trajectory hasn't matched what many investors had hoped for.Led by Elon Musk's Tesla, the first few years of the modern EV era saw explosive, exponential growth; it seemed the electrification of the U.S. vehicle fleet was not only inevitable, but also imminent. Full electrification appears to be much further off now and EV stocks -- aside from Tesla -- have struggled. Rivian Automotiv ...