The other reason EV stock prices matter: Chart of the Week
Sat, Jun 29, 2024 6:50 PM

The other reason EV stock prices matter: Chart of the Week

A Flip by Avya Verma
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Rivian received a $5 billion investment from Volkswagen, causing its stock to jump 30%. Despite this, Rivian is still down 89% since its 2021 IPO, sparking concerns about viability. In contrast, Tesla is up 1,253% & Ford is up 22% over the last five years. The investment helps Rivian's cash flow, but its long-term survival depends on its ability to raise money, & achieve positive free cash flow.

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