Reported 2 days ago
Rivian Automotive's stocks have plunged over 90% since their peak in late 2021, raising concerns about the company's viability. Despite financial losses in 2024, Rivian has achieved key goals, including a modest gross profit and improving operational metrics, thanks to strategic partnerships with Amazon and Volkswagen. The company continues to work towards profitability, presenting potential growth for optimistic investors, though caution is warranted due to the competitive EV landscape.
Source: YAHOO