#profitability-goals

#profitability-goals

Rivian's stock has fallen significantly since its IPO, facing production challenges and supplier issues.

The company plans to reduce EV component costs by introducing a new platform by 2026.

Profitability is targeted for 2027 amidst a challenging market environment.

Rivian aims for increased production and profitability by 2027, focusing on cost reductions and strategic partnerships amidst significant stock declines.