Rivian Automotive Inc. (NASDAQ: RIVN) went public at $78 a share, reaching $170 per share before plummeting to $13.35. CEO R.J. Scaringe’s compensation could total $4.6 billion over 10 years, despite the stock’s 90% decline. Investors can learn about wealth-building strategies to avoid similar losses.

In Q3, Rivian produced 10,720 vehicles, sold 13,201, and had revenue of $1.56 billion. A $1.16 billion loss was recorded, totaling $2.82 billion in 2025. The company bets on the R2 SUV, priced at $45,000, to boost sales. Competing in the EV market against Tesla, Ford, Hyundai, Kia, and GM poses significant challenges.

Read more at Yahoo Finance: Rivian Shares Collapse 91%