Rivian lowers annual production forecast due to parts shortage, shares drop
Rivian slashed its full-year production forecast on Friday and missed third-quarter deliveries expectations due to a parts shortage and slowing growth in electric-vehicle demand, sending shares of the startup down nearly 9%.
Rivian, Georgia
Rivian said it would make fewer electric vehicles this year than it did in 2023, resulting from a parts shortage. The news ...
Rivian said on Friday it will build fewer vehicles this year than it did in 2023 due to a supply chain problem that popped up ...
Right now, Rivian's sales base is around $5 billion. That's roughly where Tesla's sales base was in early 2017, just before ...
Rivian’s stock took a dive Friday, after the electric vehicle maker said it was experiencing a supply shortage, prompting a ...
A supply shortage continues to hurt Rivian Automotive Inc., an electrical-vehicle company that earlier this year paused plans ...
Rivian shares plunged as much as 8% when the company notified investors of a part supply shortage issue. The stock remained ...
Electric vehicle maker Rivian cut its production targets this week amid an ongoing supply shortage, causing its stock to drop ...
The Rivian R1T's owner had expected he would need to call his insurance company to say the truck was a total loss, but it ...
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