The Latest Breaking News from Rivian Automotive Inc

The EV industry has witnessed stupendous growth over the past few years thanks to technological advancements, growing acceptance, and government incentives. However, the industry has been plagued by high inflation, supply chain disruptions, rising raw material costs, and the semiconductor chip shortage. Given these factors, investors should stay away from…

Rivian’s hype collided with bad economics, management missteps, and the harsh reality of producing electric vehicles.

Wall Street has been abuzz with the return of the meme stocks craze over the past few months. However, as the stock market is expected to remain under considerable pressure in the upcoming months, it could be wise to avoid fundamentally weak overhyped stocks Rivian Automotive (RIVN), Coinbase (COIN), DraftKings…

Since interest rate increases and consequent market volatility look all set to persist, the near-term outlook seems bleak for fundamentally weak companies such as Rivian (RIVN) and Snap (SNAP). Let’s take a closer look at their plight. Read on….

Despite solid demand and government support, the electric vehicle (EV) industry is grappling with supply chain disruptions and semiconductor chip shortages. The lack of enough charging infrastructure and inoperable charging stations have also been a significant challenge for companies in this space. Given this backdrop, fundamentally-weak EV stocks Rivian Automotive…

Electric vehicle (EV) maker Rivian Automotive (RIVN) is trading more than 80% below its 52-week high. The company recently reported revenue growth and increased production sequentially. So, will it be wise to buy the dip in the stock? Read on to learn our view….

The EV market has faced significant challenges such as high inflation, semiconductor chip shortage, and persisting supply chain disruptions. Moreover, the lack of charging infrastructure will likely pressure the industry’s growth. Therefore, despite losing significantly this year, shares of fundamentally weak EV companies Lucid Group (LCID) and Rivian Automotive (RIVN)…

Rivian Automotive (RIVN) recently announced plans to lay off 6% of its workforce. Moreover, the stock looks significantly overvalued at current prices and considering its weak fundamentals, RIVN might be best avoided now. Keep reading….

Rivian Automotive Inc (NASDAQ: RIVN) shares were falling slightly Friday after the company reported impressive second-quarter revenue growth but said 2022 losses would be wider than expected.