California-based electric vehicle (EV) startup Rivian Automotive (RIVN) reported second-quarter 2024 results yesterday, after market close. Revenues came in lower than expected and the loss per share was also wider than the Zacks Consensus Estimate, causing the stock to plunge 6.7% in after-hours trading. Year to date, the shares have contracted 37%, underperforming the industry, sector and S&P 500. Does this dip present a buying opportunity? Let’s delve into Rivian’s investment potential following its late ...