We have a demand problem.
Rivian's (RIVN -2.21%) earnings didn't leave a lot to like for investors. The company isn't increasing production as quickly as hoped, but that's not where the concern should be. Demand is now a problem, and Rivian's management wasn't exactly forthright with where demand currently stands. Travis Hoium digs into some concerns in this video.
*Stock prices used were end-of-day prices of March 1, 2023. The video was published on March 2, 2023.
Travis Hoium has positions in Rivian Automotive and has the following options: long March 2023 $250 puts on Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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