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Rivian has a lot of cash, but that only matters if it can become cash-flow-positive in the near future.
Rivian (RIVN -0.07%) has about $12 billion in cash on the balance sheet, but that won't last forever given the company's pace of cash burn. Just how long will it last? Travis Hoium digs into that in the video below.
*Stock prices used were end-of-day prices of April 5, 2023. The video was published on April 8, 2023.
Travis Hoium has positions in Rivian Automotive. The Motley Fool has positions in and recommends Tesla. 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 their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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