A Little Good News for Rivian Investors

Investors in the automotive industry, especially the electric vehicle (EV) industry, are happy to soak up any positive news amid a flurry of price cuts, supply disruptions, and slowing growth. If they've been focusing on the bad news, Rivian Automotive (RIVN 1.93%) investors might have missed that the company recently added the R1S to its leasing program, and it might be a bigger deal than they think.Here's why leasing will be important for Rivian right now, and why adding the  SUV specifically is good news ...