Rivian (RIVN +1.25%) is raising prices for the second time this year, and this time it's eliminating its entry-level trim. As a reservation holder, this may push me toward another vehicle.
Rivian Is Raising Prices Again
A $5,500 price increase could turn off some Rivian customers.
By Travis Hoium – Aug 20, 2022 at 8:00AM EST
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About the Author
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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