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Rivian has a long road to sustainability.
Rivian (RIVN 6.10%) is growing quickly, but it needs more than growth to survive. Pricing and a new manufacturing plant are critical, and Travis Hoium covers some red flags for the company in this video.
*Stock prices used were end-of-day prices of July 5, 2023. The video was published on July 7, 2023.
Travis Hoium has positions in General Motors. The Motley Fool has positions in and recommends Tesla and Volkswagen Ag. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. 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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