The rivian stock forecast 2030 hinges on battery cost reductions and expanded manufacturing capacity. Institutional models suggest upside potential exceeding 150% from current levels, assuming annual EV sales growth of 20% in North America and Europe. For the first three quarters of 2024, Rivian reported a $4 billion operational loss . While that’s a slight improvement from the $4.16 billion loss the company posted in the same period in 2023, the reality is that Rivian is burning through cash at an unsustainable pace. Since the cost of revenues is a significant issue for Rivian (and most, if not all, EV companies), scaling production becomes a big challenge with the need for heavy upfront investment in materials and components. For Rivian, increasing vehicle sales doesn’t immediately lower production costs. Unlike tech companies that can leverage economies of scale, Rivian’s path to profitability is slower and more complex. Our team is working diligently to resolve the issue. Thank you for your patience and understanding. Rivian stock forecast 2030 is influenced by global EV market trends. BloombergNEF data shows worldwide EV units could reach 55 million by 2030, positioning Rivian for significant market share in premium electric trucks.
