Rivian (NASDAQ: RIVN) stock has had a tough 2026.
Shares have lost roughly 25% of their value since the year began
But if you’re willing to look beyond the past few months, the upside potential becomes clear. In fact, there’s one catalyst in particular that could make Rivian a monster stock by 2031. Expect robotaxis to take off by 2031 There’s a strange thing occurring right now.
Tesla (NASDAQ: TSLA) has faced declining auto sales for several years now. Yet the company isn’t going all out to revive its struggling auto sales. Instead, it’s dedicating the bulk of its $20 billion capital expenditure budget this year to new opportunities.