Rivian Stock Investors Need to Hear What Its CEO Just Said
Rivian (NASDAQ: RIVN) investors have had a rough go of it in the last year and a half. The stock went public just as the Nasdaq was peaking in November 2021, and the timing was fortuitous for the unproved electric vehicle (EV) maker as it cashed in on a sky-high valuation, raising $12 billion. Investors who are hoping Rivian will be the next Tesla (NASDAQ: TSLA) got mixed results from the company's first-quarter earnings report.