Rivian Is Making Huge Strides Toward Profitability

By Parkev Tatevosian, CFA – Aug 21, 2023 at 10:20AM

NASDAQ: RIVN

Rivian Automotive

Market Cap

$14B

Today's Change

(-3.69%) -$0.47

Current Price

$12.39

Price as of August 1, 2025, 3:58 p.m. ET

Rivian is capitalizing on an increasing scale to leverage fixed costs.

Fool.com contributor Parkev Tatevosian discusses Rivian's (RIVN -3.69%) progress in decreasing losses on the bottom line.

*Stock prices used were the afternoon prices of Aug. 17, 2023. The video was published on Aug. 19, 2023.

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.

TMFParkev

@TMFParkev

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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