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Proceed With Caution When Considering This Ultra Popular EV Stock

·4-min read

Investors are about to find out in which electric vehicle (EV) camp Rivian Automotive (NASDAQ: RIVN) resides. Is it a struggling start-up like Lucid Group that is about to lower its production estimates for the second time this year? Whether the update moves the stock up or down in the short term, investors should be wary of the potential news and proceed deliberately with any thoughts of investing in Rivian.