Is Rivian Automotive a Millionaire Maker?
Rivian Automotive(RIVN) The Motley Fool·2024-12-16 10:55The company is trying to follow in Tesla's footsteps as an outlier in a challenging automotive industry.Tesla was the trailblazer in the electric vehicle (EV) industry, and competitors, both incumbent brands and start-ups, have tried replicating its success ever since. Rivian Automotive (RIVN 1.20%) has done a solid job establishing itself as a legitimate presence in the field, with over 50,000 deliveries last year.Unfortunately, the stock hasn't had the same trajectory. Shares quickly peaked after Rivian w ...