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RIVN Revenue (TTM) data by YCharts. Keep your eyes on Rivian's next earnings report. This is where Feb. 20 becomes significant. On that date, investors may receive news that could change Rivian's ...
Image source: Rivian. A recent loan agreement with the U.S. Department of Energy should help Rivian ramp up production and crank out enough vehicles on a large scale.
Up until 2023 Rivian was working to build out its manufacturing assets. Once it achieved that goal it set about trying to work down its costs so it could make its vehicles profitably.
Rivian stock is ending the week on a down note, though, with shares lower by 5.9% as of 1:15 p.m. ET. ... and the business could withstand lower selling prices to help support consumer interest ...
This year started out fairly well, with a goal of matching 2023 production levels despite a plant upgrade that would allow Rivian to post a modest gross profit in the fourth quarter of 2024. A ...
Data source: Rivian press releases. Chart by author. You can see the effect the supply snag caused, and the following rebound, but let's look at two other important takeaways.
Customer loyalty surveys by media outlets like Consumer Reports already suggest that Rivian is able to make vehicles that customers love. And getting EVs to market priced under $50,000 proved to ...
Higher production and delivery volumes won't help the company or the stock if it isn't recording profitable sales. The Nov. 7 report from Rivian could be a turning point for the company and the stock.