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1 Green Flag for Rivian in 2022, and 1 Red Flag

Howard Smith, The Motley Fool
·4 min read
1 Green Flag for Rivian in 2022, and 1 Red Flag

Rivian Automotive (NASDAQ: RIVN) has been one of the most talked-about names in the EV sector since its initial public offering (IPO) in Nov. 2021. The company raised a staggering $12 billion from its public listing and has the backing of e-commerce giant Amazon, which led a $700 million investment round in Rivian in 2019. Ironically, what has been one of the top sources of pressure on Rivian's share price also remains its biggest green flag to watch -- that being its relationship with Amazon and the up to 100,000 delivery van orders that come with it.

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