Published on 27 May 2024 on GuruFocus.com via Yahoo Finance
Over the past year, Rivian Automotive Inc. (NASDAQ:RIVN) and many other electric vehicle makers, including Tesla Inc. (NASDAQ:TSLA), have experienced a slowdown in growth as reality has set in. Consumer demand for these vehicles has not been as strong as initially anticipated, compounded by the inherent competition within the EV market.
Warning! GuruFocus has detected 4 Warning Signs with RIVN.