RIVN Stock Forecast: What Will It Take for Rivian to Turn Things Around?
Rivian AutomotiveRivian Automotive(US:RIVN) InvestorPlace·2024-03-07 12:44

Rivian Automotive (NASDAQ:RIVN) and other early-stage EV companies posted disastrous Q4 earnings. Last week, RIVN stock made quite the waves in the startup EV industry (for the wrong reasons), plunging to its lowest levels in a year. The EV stock bubble peaked in Q4 2021, just when Rivian went public, with Tesla’s (NASDAQ:TSLA) market cap surging past $1.2 trillion. This year is seeing automaker giants thrive as EV startups struggle. Tesla’s operating margins have been slashed by half, and Rivian faces its ...

Rivian Automotive-RIVN Stock Forecast: What Will It Take for Rivian to Turn Things Around? - Reportify