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Rivian burned through over $1 billion in three months, and Tesla is cutting prices again.
Fool.com contributor Parkev Tatevosian discusses the latest developments from Rivian (RIVN 2.46%) and Tesla (TSLA 1.12%) and what they could mean for shareholders.
*Stock prices used were the afternoon prices of Oct. 6, 2023. The video was published on Oct. 7, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. 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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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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