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Massive News for Ford Stock, Rivian Stock, and Tesla Stock Investors

Ford announced it will decrease EV truck production in a move that could indicate falling demand industrywide.

By Parkev Tatevosian, CFA – Jan 24, 2024 at 4:01PM EST

Fool.com contributor Parkev Tatevosian discusses what these developments could mean for Ford (F 0.70%), Rivian (RIVN +1.36%), and Tesla (TSLA 1.53%) shareholders.

*Stock prices used were the afternoon prices of Jan. 22, 2024. The video was published on Jan. 24, 2024.

Read Next

About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Ford Motor Company Stock Quote
Ford Motor Company
NYSE: F
$12.78
(-0.70%)-$0.09
Tesla Stock Quote
Tesla
NASDAQ: TSLA
$386.51
(-1.53%)-$5.99
Rivian Automotive Stock Quote
Rivian Automotive
NASDAQ: RIVN
$17.15
(+1.33%)+$0.23

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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