From Nasdaq: 2024-09-18 09:08:22

Rivian (NASDAQ: RIVN) is facing financial challenges due to a cost structure misalignment with production. The company may need to seek additional cash before the R2 launch. Stock prices used were from Sept. 16, 2024.

Consider investing in Rivian Automotive cautiously, as it wasn’t among the 10 best stocks identified by The Motley Fool Stock Advisor team. The service offers guidance on portfolio building and has outperformed the S&P 500 since 2002. *Stock Advisor returns as of Sept. 16, 2024.

Travis Hoium, who holds positions in General Motors, provides insights on Rivian. The Motley Fool recommends Tesla and General Motors. Consider subscribing to their services through their link to support their channel.



Read more at Nasdaq: Rivian’s Problems Are Bigger Than EV Slowdown