The Fed rate cut will certainly help Rivian, and other automakers, but does it make the EV maker a buy now?There's a narrative out there that electric vehicle (EV) sales aren't growing, and that's not true. EV sales are indeed growing. Just last week, data came out showing that new EV registrations jumped 18% in the U.S. market during July, compared to the prior year.The truth is that EV sales are still growing decently, and are still taking market share from traditional gasoline-powered vehicles. They just ...

This fledgling automaker is on sale right before its revenue could skyrocket.Want to add a massive growth stock to your portfolio without paying a huge premium? This is your chance. Right now, there's an EV stock that's preparing for a huge growth spurt, yet its shares have seen a dramatic reduction in value given selling pressures across the rest of its industry.You'll have to be strategic, but your portfolio could experience huge gains if you're willing to stay patient.Expect this company's sales to skyro ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Rivian's business model has become problematic because the company can't scale production effectively.The electric vehicle (EV) market isn't growing like it was a few years ago, but that's not the only headwind Rivian (RIVN -0.76%) is facing. The company has a cost structure that's out of line with its production and will need to turn to the market for cash before the R2 launches. In this video, Travis Hoium shows Rivian's financial challenge today.*Stock prices used were end-of-day prices of Sept. 16, 2024 ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Rivian has broken into the auto sector with an attractive electric truck offering. Is that enough to turn shareholders into millionaires?Rivian Automotive (RIVN -1.60%) is at an important crossroads. Down one path lies profitability, growth, and long-term success. Down the other lies obsolescence. Okay, maybe that's a bit too dramatic, but Rivian's big goal for 2024 is to turn a gross profit. That's not the same as generating positive earnings, but it is a vital step along the way. If it can't manage to tak ...

Rivian Automotive (RIVN) closed at $13.50 in the latest trading session, marking a -1.6% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.54%. Elsewhere, the Dow saw an upswing of 0.72%, while the tech-heavy Nasdaq appreciated by 0.65%.Heading into today, shares of the a manufacturer of motor vehicles and passenger cars had lost 0.29% over the past month, lagging the Auto-Tires-Trucks sector's gain of 10.04% and the S&P 500's gain of 4.86% in that time.The investment ...

Rivian knows there aren't shortcuts to building a successful EV company -- but that doesn't mean it's not taking the road less traveled.If you believe that electric vehicles (EVs) are the future of the automotive industry, as I do, then you've likely spent some time trying to figure out which EV makers to invest in. Is it better to choose an automotive stalwart or opt for an EV start-up with lots of potential upside?You don't have to choose either/or, of course, but if you've got just $500 to invest right n ...

Rivian Automotive (RIVN) closed the latest trading day at $13.72, indicating a -1.51% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.75%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 1%.Shares of the a manufacturer of motor vehicles and passenger cars witnessed a gain of 5.13% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its gain of 8.02% and outperforming the S&P 500' ...

California-based electric vehicle (EV) startup Rivian Automotive (RIVN) has been witnessing deteriorating estimate revisions for its bottom line lately. Over the past week, estimates for Rivian’s loss per share have widened for the remaining quarters of 2024 and for full-year 2024 and 2025. Given these estimate revisions, it seems that analysts are losing confidence in the stock. With concerns regarding Rivian’s near-term outlook growing, is it time for you to sell the stock or stay patient through the down ...