Rivian Automotive (NASDAQ: RIVN) hosted its next-generation vehicle presentation the morning of March 7, and its stock proceeded to pop 15.7% in the next two days. The rebound comes shortly after Rivian closed at an all-time low of just $10.07 per share on Feb. 23. As of market close on March 8, Rivian is still down over 45% year to date.

Investors who have suffered through holding the stock probably want to know if Rivian is finally turning things around. And those who have been watching Rivian may want to know if now is a good time to buy the electric car stock.

Here are key takeaways from Rivian's latest presentation, how it fits into the broader investment thesis, and whether Rivian is a buy now.

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Source Fool.com