Rivian Automotive Stock News

Electric vehicle maker Rivian Automotive (NASDAQ: RIVN) IPO'ed in November 2021 and immediately made a splash with its stock price skyrocketing to $180 in just its first week of trading.

Rivian Automotive (RIVN -2.78%) stock has been on the upswing in the latter part of the year. Shares of the electric vehicle (EV) maker have soared 38% over the past month, as of this writing.

Artificial intelligence (AI) and tech stocks dragged the Nasdaq Composite (^IXIC -1.44%) down as much as 2.4% at one point today. The Dow Jones Industrial Average (^DJI -0.57%) lost as much as 500 points in a holiday-shortened week usually powered by a Santa Claus rally that has failed to materialize thus far.

Rivian Automotive (RIVN -0.14%) is not an investment that conservative investors should be looking at right now. However, aggressive investors might find the upstart electric vehicle (EV) maker of particular interest as 2024 draws to a close.

Shares of EV maker Rivian NASDAQ: RIVN have been on a bit of a rollercoaster ride in 2024. After starting the year priced north of $23 per share, they dropped to less than $9 per share by mid-April.

While 2025 could shape up into a rather quiet year for Rivian Automotive (RIVN 2.25%), with a lack of major launches or catalysts, the end of 2024 has been anything but muted. Investors have to digest potential tariffs ands the impact of potentially losing the $7,500 federal tax credit for electric vehicles (EVs).

Over the coming years, Rivian Automotive (RIVN 5.90%) could become the next Tesla. It has several new mass market vehicles set to launch in 2026.

One of the more volatile stocks of 2024 has been Rivian Automotive (RIVN 5.90%). The electric vehicle (EV) maker has had a number of ups and downs this year, and while the stock has performed well the past couple of months, the stock is still down about 35% year to date, as of this writing.