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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.

Investopedia on MSN · 2h

Rivian Stock Falls After EV Maker Misses Delivery Estimates, Warns of a Parts Shortage

Rivian missed quarterly delivery expectations and cut its 2024 production guidance as it faces a parts shortage.

YAHOO!Finance · 3h

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.Most Read from BloombergThe Corner Store Come

1hon 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 ...

Atlanta Journal-Constitution1h

Rivian lowers 2024 manufacturing goal due to ‘production disruption’

Rivian expects to build several thousand fewer electric vehicles than its stated 2024 goal due to a “production disruption” affecting its manufacturing efforts.

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 ...

13don MSN

Rivian CEO explains why the EV industry needs more winners than just Tesla

Rivian CEO RJ Scaringe explained at the Atlantic Festival 2024 why a thriving EV industry needs many successful brands.

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