Can Rivian (RIVN) Stock Finally Transform from an EV Caterpillar into a Market Butterfly?
Rivian Automotive’s (RIVN) electric SUV and pickup truck models look great, but its stock value isn’t as alluring. The company’s shares have been down 90% since its IPO in 2021. With internal mechanics spluttering and industry-wide challenges mounting, RIVN looks like a bit of a caterpillar for investors. Low demand, supply constraints, and ongoing cash…
