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Rivian's $275 Million Windfall Masks Bigger Problems

TheMotleyFool

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Rivian's $275 Million Windfall Masks Bigger Problems

Rivian (NASDAQ: RIVN) has had problems producing vehicles profitably since coming public, but management thinks that will change in the fourth quarter. What that gross profit will include, though, is a $275 million windfall that may not be sustainable. Travis Hoium digs into the numbers in this video.

*Stock prices used were end-of-day prices of Nov. 8, 2024. The video was published on Nov. 11, 2024.

Source Fool.com

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