Reported about 1 year ago
Rivian's management sees 2024 as a crucial year for the company, with the potential for the stock to skyrocket if they meet their ambitious operational goals. Despite facing challenges like losing money on every truck sold, Rivian aims to achieve profitability by focusing on production efficiency and offering more affordable models in the future. While investing in Rivian could lead to significant gains, it also comes with substantial risks, making it a suitable choice for aggressive and risk-tolerant investors.
Source: YAHOO