How Rivian Can Not Only Survive but Thrive in 2024

A storm has been brewing around the electric vehicle (EV) industry. The storm is a mix of high interest rates that make consumers hesitant to purchase vehicles, charging infrastructure challenges, a saturated high-price market for EVs, and a lack of affordable options.For Rivian (RIVN 3.27%) investors, the storm led to disappointing production guidance that would leave 2024 roughly flat compared to last year. However, that doesn't mean the company can't still thrive in 2024. Here's a look at some positive d ...