Rivian (RIVN) stock falls after cutting EV production plans, Q3 deliveries slip
After a supply shortage began in Q3, Rivian cut production plans for the year. It now expects to build between 47,000 and 49,000 vehicles this year, down from its previous 57,000 target. With another 13,157 vehicles built in Q3, Rivian’s production total reached 36,749 through September.
Rivian, Georgia
EV production forecast due to parts shortage and lower demand. Company now expects to produce 47,000–49,000 units, down from ...
Rivian said it would make fewer electric vehicles this year than it did in 2023, resulting from a parts shortage. The news ...
Rivian cut its 2024 production targets. It said parts shortages was the reason. It hardly matters. It is in big trouble.
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 ...
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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