Rivian is having a horrible year

What a horrible year: Rivian is tempted to say.

Everything has gone wrong on the stock market for the young electric vehicle maker, considered one of Tesla’s most serious rivals.

Let’s examine the numbers that tell the nightmare of the company in Irvine, California. But first it should be mentioned that Rivian produces the R1S SUV, the R1T pickup/truck and the EDV commercial van.

They revive (RIVN) – Get a free report Shares started the year on Wall Street at $103.69. At the time of writing, shares of Rivian are trading around $19.14. In one year, the group’s shares have lost 81.5% of their value.

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