The embattled automaker may be on the cusp of a turnaround.The electric vehicle (EV) industry has lost much of its luster as government policy and consumer sentiment become less favorable. And with shares down by around 88% from their all-time high of $172 (reached in late 2021), Rivian Automotive (RIVN 3.37%) hasn't escaped the downtrend unscathed. The company is still struggling to scale up its business model and show investors it can create a pathway to sustainable profitability.That said, despite the ch ...