Rivian Stock Outlook: Is RIVN Becoming More Promising as Tesla Stumbles?
I have long been skeptical about Rivian (NASDAQ:RIVN) as a company and Rivian stock.The California-based automaker, with an assembly plant in Illinois, is going through an Electric Vehicle version of Death Valley. It needs to stay afloat long enough to build a new plant in Georgia, which it was forced to delay in March.The plan is that the Georgia plant will, in 2027, deliver the R3. That’s a smaller, less expensive EV that might be competitive with what China is putting out right now.Getting from here to t ...