Why Did Rivian (RIVN) Stock Just Hit New Lows

It hasn’t been an easy week for Rivian (NASDAQ:RIVN) stock or for the electric vehicle (EV) sector in general. Known for its electric pickup trucks and SUVs, Rivian recently hit an all-time low, dipping below $10 per share. Things look even worse for luxury EV peer Lucid (NASDAQ:LCID), which has shares hovering around the $2 mark.Today, EV stocks are being negatively impacted by news from an automotive industry leader. Ford (NYSE:F) just announced plans to slash prices on its popular electric pickup trucks ...