Rivian (RIVN 0.35%) is undertaking another round of cost-cutting efforts amid slowing demand for electric vehicles.
*Stock prices used were the afternoon prices of Oct. 24, 2025. The video was published on Oct. 26, 2025.
Unfortunate News for Rivian Stock Investors!
By Parkev Tatevosian, CFA – Oct 28, 2025 at 6:30AM
NASDAQ: RIVN
Rivian Automotive
Market Cap
$16B
Today's Change
(-0.35%) $0.05
Current Price
$13.36
Price as of October 28, 2025 at 9:36 AM ET
Rivian continues to shrink its ambitions as consumer demand for EVs is nowhere near where it estimated it would be by now.
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.