More Terrible News for Rivian Stock

As Rivian's stock falls, its options dwindle.Rivian (RIVN -3.15%) announced this morning that it will only produce 47,000 to 49,000 vehicles this year, down from a previously expected 57,000 vehicles. Management blamed supply shortages, but this highlights operational challenges at the company, which Travis Hoium discusses in this video.*Stock prices used were end-of-day prices of Oct. 4, 2024. The video was published on Oct. 4, 2024. ...