The figure is less than what investors hoped.
Rivian (RIVN 1.03%) stock has disappointed investors over the last three years. Difficulty in ramping up production, rising costs, and elevated competition have all made Rivian's goals more challenging.
*Stock prices used were the afternoon prices of March 14, 2023. The video was published on March 16, 2023.
Parkev Tatevosian, CFA 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. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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