Reported 2 days ago
Rivian Electric Vehicles, facing production challenges and high costs, may find an opportunity as Tesla struggles with market share losses. Despite Rivian's stock plummeting over 90% from its peak, the company plans to launch a more affordable EV model in 2026 aimed at revitalizing sales. Investors are cautioned that while Rivian holds potential for long-term growth, current financial losses and the high-risk nature of its stock make it a speculative investment.
Source: YAHOO