Fool.com contributor Parkev Tatevosian discusses Rivian's (RIVN 2.97%) steps toward profitability.
*Stock prices used were the afternoon prices of May 15, 2024. The video was published on May 17, 2024.
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Rivian Is Making Significant Progress Toward Profitability
By Parkev Tatevosian, CFA
–
Updated May 17, 2024 at 4:51PM
NASDAQ: RIVN
Rivian Automotive
Market Cap
$18B
Today's Change
(2.97%) $0.47
Current Price
$16.28
Price as of May 19, 2025, 3:58 p.m. ET
Rivian conducted a manufacturing facility upgrade that promises to improve efficiency.
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.
Stocks Mentioned
Rivian Automotive
RIVN
$16.28
(2.97%)
$0.47
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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