Rivian Introduces Second-Generation Vehicles. With the Stock Down 50% Year to Date, Could They Help the Stock Rally?

Here's why Rivian's new vehicles are so important to the company.Rivian Automotive (RIVN 0.25%) has had a difficult 2024 thus far, with the stock nearly cut in half this year. However, with the electric vehicle (EV) maker introducing its second generation of vehicles, the stock's fortunes could be about to change.Let's take a look a Rivian's next-generation models and see why their introduction could help turn around the beleaguered stock.New redesigned vehiclesRivian just introduced its second-generation m ...