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Mohit Oberoi

Rivian Stock Prediction 2024: Here’s the Good, the Bad and Ugly About RIVN

Rivian RIVN United States Tesla Inc.

With a gain of 27%, Rivian Automotive (RIVN) stock slightly outperformed the S&P 500 Index ($SPX) last year - but its returns trailed that of larger peer Tesla (TSLA), which doubled and recouped most of its 2022 losses. This year has also started on a negative note for Rivian, and the stock has lost over 21% YTD.

Here’s the full-year prediction for Rivian stock in 2024, and the various aspects that investors need to know about the startup electric vehicle (EV) company.

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