When it comes to laying out the case for electric vehicle manufacturer Rivian Automotive (NASDAQ:RIVN), CFRA analyst Garrett Nelson probably said it best. “They’re announcing layoffs and cutting costs, that’s not something a growth company is supposed to do. It sets the stage for a tough year.” Unfortunately, optimistic thinking can only go so far for RIVN stock.According to The Wall Street Journal, Rivian shares hit an all-time low last week, one day after announcing a disappointing production outlook for ...