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Rivian is not taking the aggressive pricing strategy that some competitors are trying.
Electric vehicle (EV) company Rivian's (RIVN -3.15%) price strategy could be good news for investors. Fool.com contributor and finance professor Parkev Tatevosian goes over why he thinks the conservative approach to pricing could help Rivian stock investors.
*Stock prices used were the afternoon prices of May 14, 2023. The video was published on May 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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