Rivian (RIVN 2.88%) is burning billions of dollars of cash each year making vehicles, but it's also spending money building autonomous driving technology in-house rather than licensing it from a third party. In this video, Travis Hoium explains why this is the wrong business model for a company that hasn't yet established itself in the auto industry.
*Stock prices used were end-of-day prices of March 11, 2025. The video was published on March 12, 2025.
