Is Rivian Automotive Inventory A Buy Now? The Motley Idiot
It is an uncomfortable truth that many of us drive cars that are a lot too big for our needs, and most of these too-big cars are SUVs. That’s solely half of its unique target of 50,000 autos, but Rivian also raised its full-year manufacturing goal to fifty two,000 automobiles throughout its second-quarter report. It attributed that rosier outlook to the ramp-up of its in-house Enduro drive unit — which reduces its dependence on third-party powertrains, streamlines its own provide chain, and reduces its production costs. One encouraging fact that emerges from closer examination of the automotive trade figures is…Continue Reading
