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Where Will Rivian Be in Three Years?

TheMotleyFool

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Where Will Rivian Be in Three Years?: https://g.foolcdn.com/editorial/images/717317/2022-rivian-r1s-03.jpg

Just a couple of years ago it seemed like electric vehicle stocks could do no wrong. Investors were flocking to the EV industry as a slew of new companies entered the public market.

Rivian Automotive (NASDAQ: RIVN) was part of the new EV cohort that caught investors' attention when it went public in late 2021. But since then, its share price has fallen a stunning 84%.

Rivian investors (and potential investors) are rightfully wondering where the company is headed right now amid high inflation, rising costs for electric vehicle materials, and a potential recession on the horizon.

Source Fool.com

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