RIVN Stock Outlook: Can EV Startup Rivian Survive Its Cash Burn Crisis?

Rivian Automotive (NASDAQ:RIVN), the high-profile electric vehicle startup, has been a company I’ve watched with great interest since its blockbuster IPO in 2021. As one of the most well-funded EV startups, Rivian’s journey has been closely followed by investors hoping that Rivian stock could emerge as a viable challenger to Tesla’s (NASDAQ:TSLA) EV dominance.However, after digging into the company’s latest Q2 2024 earnings report, I believe Rivian’s path to profitability and long-term success remains highl ...