Rivian's (RIVN +1.83%) financial results are getting better, but the company still needs billions of dollars to pay for future losses and a capacity expansion. In this video, Travis Hoium goes through the company's cash situation and why a capital raise may not be far off.
*Stock prices used were end-of-day prices of Aug. 10, 2023. The video was published on Aug. 13, 2023.
