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Rivian Faces Uphill Battle in Slowing EV Market

TheMotleyFool

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Rivian Faces Uphill Battle in Slowing EV Market: https://g.foolcdn.com/editorial/images/786321/2022-rivian-r1s-driveway.jpg

Rivian (NASDAQ: RIVN) reported another massive loss in the second quarter but reiterated a goal of reaching 25% gross margins and 10% free cash flow margin. Is that possible? Travis Hoium digs into the numbers in this video.

*Stock prices used were end-of-day prices of Aug. 7, 2024. The video was published on Aug. 7, 2024.

Source Fool.com

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