According to a recent story published by Automotive News, a Rivian shareholder has filed a lawsuit against the company due to the recent confusing and misleading price increases, which were followed by a complete turnaround by the automaker.
Essentially, as the story goes, Rivian upped its prices significantly, though it was still able to keep its starting prices listed as they were during its IPO. This is because the company will eventually launch dual-motor options that fit the earlier price point. Meanwhile, the EVs that are currently available see a big increase.
