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Rivian's (NASDAQ: RIVN) stock price has been volatile over the last 12 months, gyrating in price between $8 and $20. If you've been looking for growth stocks with high upside potential, Rivian ...
The joint venture gives Rivian up to $5.8 billion, of which $2.3 billion was already paid out in 2024. Throughout 2025 and 2026, Rivian will receive an additional $2 billion in equity, along with ...
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.
Over that time frame, sales have risen by more than 1,000%, breaching the $5 billion mark earlier this year. As an investment, however, Rivian's journey has been disappointing.
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 ...
After a long stretch of share price weakness, the market has finally started to shift its sentiment. Since the beginning of November, for instance, Rivian's stock value has increased by roughly 40%.
Third-quarter earnings were grim. Revenue fell 35% year over year to $874 million, which is a bad sign for a growth-oriented company that will need to scale its business model into profitability ...
Can Rivian finally scale up its business? Rivian's revenue soared by 167% to $4.43 billion in 2023, but it only slightly narrowed its net loss from $6.75 billion to $5.43 billion.