Shares of Rivian Automotive (NASDAQ: RIVN) have dropped 82% below their IPO price since November 2021. Will the electric vehicle start-up rebound? Rivian aims to achieve a gross profit for 2025, a key metric. The company’s big goal for 2026 is to launch a mass-market EV, the R2.

Rivian’s success hinges on the R2’s reception in the market. While the company has achieved a gross profit, it is still operating at a loss. The R2’s success could pave the way for Rivian to become a profitable electric vehicle company. Investors should monitor customer feedback on the R2 before making investment decisions.

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Read more at Yahoo Finance: Is This Once-Hyped EV Stock Finally Worth Considering?