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In early January, Rivian (Nasdaq: RIVN) had become such a compelling stock that I started a position. But since then Tesla (Nasdaq: TSLA) has started a price war in EVs, Rivian has begun layoffs, and the competition has taken big steps forward. In the video below, Travis Hoium discusses whether or not this position in Rivian is a mistake in hindsight. 

Travis Hoium has positions in General Motors and Rivian Automotive and has the following options: long March 2023 $250 puts on Tesla.

A portion of this video is sponsored by The Motley Fool. Visit [ Ссылка ] to get access to my special offer. The Motley Fool Stock Advisor returns are 379% as of 1/24/2023 and measured against the S&P 500 returns of 113% as of 1/24/2023. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.

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