Rivian stock may plummet without $7,500 tax credit, impacting the company

From Nasdaq: 2024-12-18 09:45:39

Rivian stock (NASDAQ: RIVN) is soaring, but the company continues to burn through billions in cash annually. Rumors suggest the $7,500 tax credit may end under the Trump administration, impacting the company. Travis Hoium discusses the potential consequences in a recent video.

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Read more at Nasdaq: Would Rivian Stock Plummet Without the $7,500 Tax Credit?