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Rivian shares drop
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 shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
Shares of Rivian Automotive dropped more than 6% in midday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual production forecast for 2024.
Rivian shares drop after EV maker slashes production target
Rivian Automotive Inc. shares tumbled after the automaker cut its annual production target, citing a worsening supply crunch at its lone US assembly plant.
3h
on MSN
Rivian now says it will make fewer electric vehicles this year than it did in 2023
Rivian said it would make fewer electric vehicles this year than it did in 2023, resulting from a parts shortage. The news ...
6h
Rivian deliveries fall as component shortage slows production
Rivian says it will build fewer vehicles this year than it did in 2023, the result of a supply chain problem that popped up ...
1h
Why Rivian (RIVN) Shares Are Falling Today
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) fell 9.4% in the morning session after the company cut its ...
4h
Why Rivian Stock Plunged Friday
Rivian shares plunged as much as 8% when the company notified investors of a part supply shortage issue. The stock remained ...
1h
Rivian R1T Survives Hurricane Helene’s Floodwaters and Continues to Run
In a surprising turn of events, a Rivian R1T that was submerged by the catastrophic floodwaters of Hurricane Helene has ...
5h
on MSN
Cramer's Mad Dash: Rivian
CNBC’s Jim Cramer delivers his daily Mad Dash. 35 foods that you might not know are banned in the US Stevie Nicks is ...
15h
New downtown office IQHQ adds first tenants: Equinox, Rivian, others
It has yet to announce any life science tenants, which was the main aim of the 1.7 million-square-foot project.
3d
on MSN
Morgan Stanley Analysts mull Rivian, Ford; Tesla bulls confident into wild week
It's another week in the automotive industry, and analysts are scrutinizing General Motors (GM) stock. Citibank has some ...
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