Is Rivian's Biggest Catalyst in Danger?
Electric vehicle (EV) producer Rivian (NASDAQ: RIVN) is an intriguing investment for many reasons, but part of it is simply because it's in such early innings of a long game and every development is such a big deal for the company. Investors (and potential investors) are looking for what comes next for the company to help them determine if it is worth taking a chance on.
The next big thing for Rivian potentially won't happen until the first half of 2026 when it launches its next vehicle model. That seems like a lifetime away. The next not-so-big thing for investors to get excited about is Rivian reaching positive gross profit in the fourth quarter. However, that catalyst for growth could be put in danger by a third-quarter production snag.
Rivian experienced a production disruption in the third quarter due to a shortage of a shared component between its R1 and RCV platforms. That caused a slump in deliveries (see graphic below).
Source Fool.com
