Canadian Auto Workers Go On Strike Against GM & RIVN 10X Growth Forecast

Canadian Auto Workers go on strike against GM. Caroline Woods discusses how the walkout will impact supply of the Silverado pickup truck. She talks about how this strike includes a factory near Niagara Falls that makes engines for several GM vehicles built in the U.S., including the GMC Sierra pickup. 4,300 members of Canada’s Unifor Union strike after GM failed to reach a temporary agreement. She also talks about how Rivian (RIVN) was upgraded to buy at UBS. The analyst notes that the market can refocus on improving the fundamentals with the raise out of the way. UBS forecasts 10X unit growth by 2023. Tune in to find out more about the stock market today.