Rivian to surge 78% despite 25% 1-day crash, Wall Street experts predict

The second half of 2023 and 2024 so far have proven difficult for the electric vehicle (EV) industry. Competition has been steadily rising while demand has been dropping so much that most companies in the sector have been equally and severely hit on the business side as well as in the stock market.The dire state of the industry is perhaps best exemplified by the fact that even Elon Musk’s Tesla (NASDAQ: TSLA) managed to sell only a single car in South Korea throughout January.Even the unexpected February ra ...