Why Rivian Automotive’s (RIVN) Tight Margins Spell Danger if EV Demand Wanes
Rivian Automotive (RIVN) continues to endure a bumpy road to success in the electric vehicle (EV) space, battling production challenges, shifting guidance, and growing investor scrutiny. That said, the most recent quarter, reported in early May, did show some positive signs, particularly with margin improvements thanks to a solid strategy focused on cutting costs. The hope is that the recent delivery guidance cut means Rivian is taking a step back now, to take two steps forward later. It’s still