Rivian stock heads for 3rd-straight drop as Tesla’s Cybertruck seen as ‘fundamental and headline risk’

Rivian stock heads for 3rd-straight drop as Tesla’s Cybertruck seen as ‘fundamental and headline risk’

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Shares of Rivian Automotive Inc. were being driven toward a third-straight loss Monday, after Tesla Inc.’s first Cybertruck was rolled off the assembly line over the weekend. “We see competitive pricing and specs for the Cybertruck as a fundamental and headline risk to [Rivian],” wrote Baird…

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