Why Rivian Stock Raced Higher Again Today

Rivian Automotive (RIVN 4.28%) launched two new vehicle models yesterday, and the stock is still accelerating higher Friday morning. It wasn't just about the new R2 and surprise unveiling of the future R3 models helping to drive the stock higher again today, though.As of 10:15 a.m. ET, Rivian shares were trading 7.1% higher, even after the stock jumped more than 13% yesterday.An EV sweet spotRivian is trying to fill a popular slot for consumers looking to transition to electric vehicles (EVs). It started wi ...