After An 80% Correction, IS Rivian Automotive Inc (NASDAQ: RIVN) a buy ?
Rivian Automotive, Inc. (NASDAQ: RIVN) designs, develops and manufactures category-defining electric vehicles and accessories. Rivian is developing an electric SUV and pickup truck based on a “skateboard” that can support future vehicles or be adopted by other companies. The company is also building an electric delivery van as part of a partnership with Amazon. It plans to build an exclusive charging network in the United States and Canada by the end of 2023.