Is Rivian Stock a buy Amid President Trump's Tariffs?
Rivian (NASDAQ: RIVN) has emerged as one of the most promising U.S.-based electric vehicle (EV) companies over the past several years. The company's brand scores the highest among all car brands in terms of owner satisfaction; it reached an important milestone of gross profitability in the past two consecutive quarters; and it has exciting new models in its pipeline.But the Trump administration's tariffs are throwing a wrench into many automakers' plans, and Rivian isn't immune. Here's how the company is handling the current auto tariffs and whether or not Rivian stock is a buy right now.Image source: Rivian.Continue reading
Rivian (NASDAQ: RIVN) has emerged as one of the most promising U.S.-based electric vehicle (EV) companies over the past several years. The company's brand scores the highest among all car brands in terms of owner satisfaction; it reached an important milestone of gross profitability in the past two consecutive quarters; and it has exciting new models in its pipeline.
But the Trump administration's tariffs are throwing a wrench into many automakers' plans, and Rivian isn't immune. Here's how the company is handling the current auto tariffs and whether or not Rivian stock is a buy right now.
Image source: Rivian.
