Should You Buy Rivian Stock While It's Below $11?

Rivian's path forward isn't as bright as it might appear. Shares of Rivian (RIVN 0.19%) have dropped 55% this year as the company continues to disappoint investors looking for an inflection in the business. The latest was a reduction in full-year production, from an expected 57,000 vehicles to a new range of 47,000 to 49,000 vehicles. This continues a multi-year run of disappointing production results from the electric vehicle (EV) maker. But is this the time to jump on Rivian, with the stock down? It may b ...