Rivian plant catches fire, will the stock plummet?

Published: Aug 24, 2024 Duration: 00:00:57 Category: News & Politics

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got some very unfortunate news today from rivan one of their plants had loads of cars rivan cars in their parking lot and the cars caught fire luckily nobody's hurt or dead and the plant hasn't actually been damaged we've been told and the fire has been put out it was just the cars in the parking lot has been set on fire we don't know how it's happened and it has just been reported today and it is being investigated this also shows you why you shouldn't go all in one stock just because there are risks like this that could happen I don't think the stock will tank that much it might do because this has happened before and consumers might be worried about rivian catching fire and of course the news are going to go off crazy about this because they always do when Eves catch fire but this is just one of those things luckily for them the plant didn't catch fire because if it hurt their production when they're trying to grow then that would absolutely plummet the stock but fortunately for them the plant wasn't damaged and there was nobody killed from the fire

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