Fool.com contributor and finance professor Parkev Tatevosian lays out Rivian's (RIVN 3.84%) plans for profitability.
*Stock prices used were the afternoon prices of June 19, 2023. The video was published on June 21, 2023.
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Here's Precisely How Rivian Is Making Progress Toward Profitability
By Parkev Tatevosian, CFA
–
Updated Jun 22, 2023 at 9:22AM
NASDAQ: RIVN
Rivian Automotive
Market Cap
$15B
Today's Change
(3.84%) $0.52
Current Price
$13.94
Price as of June 16, 2025, 12:30 p.m. ET
The company has told investors it plans to be gross profit margin positive by the end of 2024.
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.
Stocks Mentioned
Rivian Automotive
RIVN
$13.94
(3.84%)
$0.52
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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