Rivian Faces Uphill Battle in Slowing EV Market
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