Every Rivian Investor Should Keep an Eye on This Number

After years of massive sales growth, Rivian Automotive (NASDAQ: RIVN) posted a decline in sales in late 2024. This was the first time in its publicly traded history that the electric vehicle (EV) maker saw its revenue base drop. The shift caused the market to question the company's valuation.But in reality, there's an even more important number to track. That's especially true given we could get major news on this particular number very soon.Though founded in 2009, Rivian is still very much a newcomer in manufacturing cars and trucks. Much of the conventional competition has been in business for decades -- and even over a century.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool