Fool.com contributor Parkev Tatevosian discusses Rivian's (RIVN +1.56%) steps toward profitability.
*Stock prices used were the afternoon prices of May 15, 2024. The video was published on May 17, 2024.
Rivian Is Making Significant Progress Toward Profitability
By Parkev Tatevosian, CFA – May 17, 2024 at 8:30AM
NASDAQ: RIVN
Rivian Automotive
Market Cap
$16B
Today's Change
(1.56%) $0.21
Current Price
$13.71
Price as of October 29, 2025 at 3:58 PM ET
Rivian conducted a manufacturing facility upgrade that promises to improve efficiency.
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.