The US electric car manufacturer Rivian is lowering its production forecast for this year to between 47,000 and 49,000 ...
Rivian's lowered production outlook suggests widening losses per EV sold. Read why I am downgrading RIVN shares from Strong ...
Rivian Automotive (RIVN) dropped about 4% on Friday after the company trimmed its full-year production guidance. The electric ...
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EV production forecast due to parts shortage and lower demand. Company now expects to produce 47,000–49,000 units, down from ...
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Rivian cut its 2024 production targets. It said parts shortages was the reason. It hardly matters. It is in big trouble.
Right now, Rivian's sales base is around $5 billion. That's roughly where Tesla's sales base was in early 2017, just before ...