Rivian Stock Plummets to All-Time Low as Competition Heats Up

• Rivian stock hits all-time low on April 11, 2024 after competitor cuts electric truck prices • Unclear how Rivian can respond given negative margins and cash burn each quarter • Video covers Rivian's biggest challenges like competition and production costs • Published April 11, 2024 based on April 11, 2024 stock prices • Author Travis Hoium has positions in General Motors; The Motley Fool recommends Tesla and General Motors