How Rivian Plans to Generate Extra Revenue
It seems these days every single vehicle rolling off the production line is more advanced than the previous one. The exciting thing about that for investors is that as more and more technology is packed into these vehicles, it's opening the door to new revenue paths.
Rivian Automotive (NASDAQ: RIVN) is giving us a near perfect example of how a young start-up can take advantage of its tech to generate a new revenue stream.
Rivian is about to unlock extra power and performance for some of its consumers. It will enable owners of second-generation R1S and R1T to unlock its performance upgrade with its upcoming 2025.06 software update.
Source Fool.com
