Bloomberg
Rivian’s $117 Billion Wipeout Turns Sell-Side Fans Into Skeptics
(Bloomberg) — Wall Street’s embrace of Rivian Automotive Inc., last year’s electric-vehicle startup darling, is waning already as the company has lost about $117 billion in market value in just four months. Most Read from BloombergRussia Devises Plan to Seize Firms Abandoned in Foreigner ExodusUkraine Update: Zelenskiy Says 40,000 Evacuated, Attacks PersistUkraine Open to Russia’s Neutrality Demand But Won’t Yield Territory, Aide SaysChina Warns U.S. Over Forming Pacific NATO, Backing TaiwanU.S
