Stay Far Away From Struggling Rivian Stock

Electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN) entered the market full of hope and anticipation. Fundamentally, the company benefited from a gorgeous baseline chassis from which Rivian made an EV pickup truck and SUV. These served as a wonderful contrast to Tesla (NASDAQ:TSLA) and its increasingly dull and predictable aesthetics. However, that hasn’t been enough to exempt Rivian stock from broader EV sector woes.First and foremost, even the best EV companies are struggling lately. Notabl ...