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Rivian Investors, Take Note: 2 Key Drivers That Could Boost RIVN's Profit Outlook
RIVNRivian Automotive(RIVN) Investor Place·2024-08-07 21:22

Rivian (NASDAQ:RIVN) has greatly reduced its costs and continues to expect to generate positive gross profit in the fourth quarter of this year and in all of 2025.There are multiple signs that the company’s brand remains extremely strong, driven by great, widespread appreciation for its EVs. Importantly, the automaker continues to have tremendous opportunities on many fronts. These include its partnership with Volkswagen (OTCMKTS:VWAGY); the launch of its new, less expensive EVs; its plans to enter Europe o ...