After hitting a 52-week low in November, RIVN stock has been on the rise after it announced a $5.8 billion joint venture with Volkswagen OTCMKTS: VWAGY. Under the terms of the agreement, Volkswagen will use Rivian's software in its coming EVs. Investors were enthusiastic about how this additional revenue stream, which is less capital intensive and, therefore, more profitable, would push the company towards profitability.