Fool.com contributor and finance professor Parkev Tatevosian lays out Rivian's (RIVN 0.36%) plans for profitability.
*Stock prices used were the afternoon prices of June 19, 2023. The video was published on June 21, 2023.
Here's Precisely How Rivian Is Making Progress Toward Profitability
By Parkev Tatevosian, CFA – Jun 22, 2023 at 4:30AM EST
NASDAQ: RIVN
Rivian Automotive
Market Cap
$24B
Today's Change
(-0.36%) $0.07
Current Price
$19.15
Price as of January 12, 2026 at 4:00 PM ET
The company has told investors it plans to be gross profit margin positive by the end of 2024.
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
Rivian Automotive
NASDAQ: RIVN
$19.15 (0.00%) $0.07
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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