What Ever Happened To Rivian?

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Rivian went public in 2021 at a valuation of almost $100 billion. Since then the stock price has fallen by almost 90%. While the company has ramped up production significantly, they are still losing about $30,000 per car and have negative contribution margins. In this video we analyze Rivian's recent performance and determine whether the company has any chance of becoming the next Tesla.

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0:00 - 2:05 Intro
2:06 - 10:48 Rivian
10:49 Tesla comparison