Rivian's Wild Ride: Recall, VW Deal, and Stock Swings
Update: 2025-09-12
Description
Rivian stock plunges after a major recall of 24,000 vehicles due to a software glitch, coupled with financial headwinds from expiring tax credits. Despite the bad news and resulting stock volatility, Rivian's long-term outlook remains positive, fueled by a new Volkswagen partnership, upcoming R2 model, and plans for profitability by 2027, potentially presenting an opportunity for long-term investors.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
