Forget Rivian, Buy This Magnificent Electric Vehicle (EV) Stock Instead

Making its public debut in November 2021, Rivian (RIVN -0.31%) arrived on the electric vehicle (EV) scene with a bang. The company's initial public offering (IPO) was the largest for an American company since Meta in 2014, raising a whopping $12 billion. But since its historic debut, Rivian has struggled to find its footing in an industry that is growing more competitive by the year. That's why investors are better off owning companies that already have a proven track record of success, such as Tesla (TSLA ...