3 Things to Know Before You Buy Rivian Stock in 2024

In the crowded field of electric vehicle (EV) companies, Rivian Automotive (NASDAQ: RIVN) is making a name for itself. Its lineup of trucks and SUVs offers a suite of options for outdoor enthusiasts looking to make the switch from gas to electric.

Estimates project that by 2030, 2 out of every 3 cars sold globally will be electric. Naturally, Rivian could be a great way for investors to ride the wave of EV adoption. But before buying Rivian stock, here are three things you need to know.

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Source Fool.com