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Markets

Why Morgan Stanley won’t call Rivian a buy despite upgrade

TST (Full) - (Official Feed) · 1h ago

Why Morgan Stanley won’t call Rivian a buy despite upgrade

Nine years ago, Tesla nearly drained its cash reserves trying to scale a new vehicle line, a stretch of chaos Elon Musk later called production hell. Rivian (RIVN) is now running its own version of that gauntlet with the R2, the affordable SUV meant to turn a niche automaker into a mass-market one. ...

Read the full story at TST (Full) - (Official Feed) →

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