The sustainable-energy industry presents many interesting opportunities for investors. One of the more popular choices among green-energy investors is in electric vehicles (EVs). While I'm sure you're familiar with , other players, such as Rivian (NASDAQ: RIVN), are beginning to emerge onto the scene.

Right now, Rivian stock trades for just $10 per share -- narrowly above its 52-week low. While this might tempt some investors to think that now is an opportunity to buy the dip, I see Rivian's depressed price action as warranted.

Below, I'll break down what's going wrong at Rivian and why this is a stock to avoid like the plague.

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Source Fool.com