From Nasdaq: 2024-04-13 06:09:00

Rivian’s stock hit an all-time low after a competitor slashed electric truck prices, raising questions about Rivian’s strategy. With negative margins and ongoing cash burn, the company faces significant challenges. Analyst Travis Hoium examines Rivian’s outlook in a recent video.

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Read more at Nasdaq: Rivian Stock Hits All-Time Low: News Goes From Bad to Worse