Rivian Is Raising Prices Again

By Travis Hoium – Aug 20, 2022 at 8:00AM

NASDAQ: RIVN

Rivian Automotive

Market Cap

$21B

Today's Change

(-3.16%) -$0.71

Current Price

$21.69

Price as of September 21, 2023, 3:22 p.m. ET

A $5,500 price increase could turn off some Rivian customers.

Rivian (RIVN -3.16%) 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.

Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/riiv, I'll earn some extra money that supports my channel. My opinions remain my own and are unaffected by The Motley Fool.

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