Rivian Automotive's stock, having recently gained over 33% from May 7 to May 20, pulled back by 2.34% as of Tuesday morning. Driven by a U.S.-China tariff pause, the company's year-to-date growth stands at over 15%. Despite its expansion into the e-bike market with a significant investment, Rivian faces headwinds from tariffs, generating caution among analysts. Bernstein's bearish outlook suggests nearly 50% potential downside for the stock. Institutional investment persists with notable backers, but Rivian's reliance on critical imports underscores its ongoing challenges in production and profitability.
Rivian's stock has seen significant fluctuation as it navigates the market uncertainties, facing a recent pullback despite a substantial gain owing to a trade policy pause.
The company's recent entry into the e-bike market with a $111.13 million investment demonstrates its ambition, yet it still grapples with potential downside due to looming tariffs.
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