According to a filing from US. Securities and Exchange Commission, the Soros Fund Management in the quarter ended Dec 31^st, 2021 holds a total of 19.84 million shares of Rivian Automotive (Nasdaq: RIVN), an electric truck startup, with a total value of nearly $2 billion. Some of the EV companies ushered rise in price with various degree after the media publicity.

It might not completely attribute the rise of these stocks by the news of the Soros Fund Management’s shareholding, but the participation of famous funds like Soros Fund will definitely boost the confidence of some individual investors in the market. In the meantime, it is worth noting that Soros Fund Management is still suffering closely a 38% decline, compared with the purchase price, even though Rivian Automotive rose to $62.65 on February 15^th, and it is difficult to escape under a volatile market even if to a fund like Soros.

In the past few days, the share prices of Rivian Automotive and some of other EV manufacturers have fallen. On the one hand, it was the depression of the overall stock market under the expectation of interest rate increase in the United States. On the other hand, there is a change of investment philosophy. The safety boundary of some newly emerging but overvalued companies is not confident to the market with a lot of capital outflows from these companies. The last but not the least, the number of vehicles produced by Rivian Automotive is 200 lower than expected, which bring investors negativity on the company's operating capacity.

Recently, there are still many uncertainties in Rivian Automotive's stock price recovery. From the perspective of speculators, the price so far is more about the inspiration news of Soros Fund Management shareholding, but not from a market fundamental improvement. And, as a rational investor, there is no solid reason for buying in; In addition, Rivian Automotive's 150,000 manufacture factory in capacity will be put into operation at least until 2023, and it requires a long-term patience for seeking a return in the investment, and most individual investors may not hold a stock for such a long time. However, the Soros Fund management can do so, even for 5-10 years with ignorance of market fluctuations during the period of time.