Stock Market Sell-Off: Is Rivian a Buy?
Shares of Rivian (NASDAQ: RIVN) have lost 68% of their value in the past year as the electric vehicle (EV) hype has worn off and investors are questioning whether the company can profitability make vehicles amid increasing competition and pricing pressure.
Shares have recovered lately off their recent lows, but is the stock a buy today? The answer depends on how bullish you are on Rivian's execution and the future of the EV market.
Like any company that's yet to establish itself, Rivian has a lot of questions to answer. Some of those are within its control and others aren't. Here are the outstanding questions we don't have answers to yet that should be addressed on Rivian's fourth-quarter 2022 conference call on Feb. 28, 2023.
Source Fool.com
