ReferIndia News Can Rivian become the next Tesla? The reality behind the hype

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Can Rivian become the next Tesla? The reality behind the hype

Published on: Feb. 16, 2026, 11:09 p.m. | Source: The Financial Express

When an electric vehicle startup posts its first-ever profit after years of losses and sees its stock surge 28% in a day, comparisons to Tesla become inevitable. Rivian just had that moment. But scratch beneath the surface, and you'll find a company racing against a ticking clock while hemorrhaging cash at an alarming rate.

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