Rivian, a company that makes electric vehicles (EVs), hasn't done so well lately. Its stock price went down, and it's worth less than before. But there's hope!
- Rivian is getting ready to sell many more cars.
- They'll soon start selling a new, cheaper SUV called the R2.
- More new, affordable cars are coming soon.
| Fact | Number |
|---|---|
| Rivian's current value (market cap) | Less than $12 Billion |
| Price of the new R2 SUV | $45,000 |
If Rivian sells lots of these new cars, its value might go up! But remember, investing in companies can be risky, so talk to a grown-up before making any decisions.
