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Rivian’s Stock Plunge: A Tesla-Style Comeback or Cautious Investment?
Rivian’s Stock Plunge: A Tesla-Style Comeback or Cautious Investment?
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BTCCSquare news:
Rivian Automotive (RIVN) has seen its stock price plummet 90% from all-time highs since its high-profile IPO, mirroring the early volatility of Tesla (TSLA). The EV startup has nonetheless achieved scaled production, delivering over 10,000 vehicles in Q2 2025 and reaching gross profitability for the first time in late 2024.
Amazon's (AMZN) adoption of Rivian's electric delivery vans underscores its commercial viability. With the R2 truck launch imminent, investors debate whether Rivian represents a diamond in the rough or requires tempered expectations. The EV market's maturation suggests comparisons to crypto's boom-bust cycles—where projects like Tesla thrived post-crisis, while others faded.
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