Would Rivian Stock Plummet Without the $7,500 Tax Credit?

Rivian's operations are a mess, and losing the $7,500 tax credit wouldn't help.Rivian (RIVN -2.75%) stock is on fire recently, but the company's operations are still burning billions in cash each year. Now there are rumors that the $7,500 tax credit will end under the Trump administration. Travis Hoium covers the potential impact in this video.*Stock prices used were end-of-day prices of Dec. 16, 2024. The video was published on Dec. 17, 2024. ...