Rivian Automotive (NASDAQ: RIVN) is making strides with a production rate of 42,000 high-end consumer trucks and EV delivery vehicles per year. The company plans to launch a mass-market EV truck called the R2 in 2026. However, potential challenges lie in the sales results, as EV sales have been weak due to the end of government subsidies. Rivian has $7 billion in cash and investments to support the R2 launch, but success hinges on consumer interest. Investors should wait to see how the R2 performs before considering Rivian stock.
Read more at Nasdaq MarketSite: 2 Predictions for Rivian in 2026
