Rivian Automotive cuts vehicle production goals by at least 14% for 2024
A supply shortage continues to hurt Rivian Automotive Inc., an electrical-vehicle company that earlier this year paused plans to build a plant in Georgia. The company announced Friday it would be cutting its production goals for the year to between 47,
2don MSN
Shares of Rivian Automotive fell more than 6% in midday trading Friday after the electric vehicle startup lowered its annual ...
Rivian slashed its full-year production forecast on Friday and missed third-quarter deliveries expectations due to a parts ...
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 Automotive has applied for a federal loan to enable the construction of its electric vehicle factory in Georgia, ...
Rivian Automotive Inc. has applied for a federal loan to fund construction of a new electric vehicle plant in Georgia, a ...
Rivian’s stock took a dive Friday, after the electric vehicle maker said it was experiencing a supply shortage, prompting a ...
Rivian cut its 2024 production targets. It said parts shortages was the reason. It hardly matters. It is in big trouble.
Rivian shares plunged as much as 8% when the company notified investors of a part supply shortage issue. The stock remained ...
EV production forecast due to parts shortage and lower demand. Company now expects to produce 47,000–49,000 units, down from ...
Electric vehicle maker Rivian cut its production targets this week amid an ongoing supply shortage, causing its stock to drop ...
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