Rivian Stock Tumbles 6% Amid Policy Uncertainty, Fed Concerns

Rivian Automotive Inc's shares fell 6.1% to $10.90 amid rising political and economic uncertainty, leading to a selloff in risk assets. The company faces challenges from high cash burn, competitive pressures, and the Federal Reserve's indecision on policy, which could impact borrowing costs. Fed Chair Jerome Powell's warnings about economic slowdown and inflation, coupled with President Trump's criticism of the Fed, have further shaken investor confidence. Rivian's growth outlook appears fragile as foreign investment wanes and bond yields rise, raising concerns about its long-term viability.