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. 

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Source Fool.com