Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters Shares of Rivian Automotive dropped by as much as 8.9% in intraday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and […]

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Rivian Automotive Cuts Production Outlook, Joins EVgo And Other Big Stocks Moving Lower In Friday's Pre-Market Session - Rivian Automotive (NASDAQ:RIVN)

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Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations - Business Fast

Photo by Daniel Golson for The Verge  Rivian said it would make fewer electric vehicles this year than it did in 2023, resulting from a parts shortage. The news came as the company reported third quarter production and delivery numbers that came in below analyst expectations.  Rivian says it expects to produce between 47,000 and 49,000 vehicles this year, down from the 57,000 vehicles it originally forecast. That number was flat from the previou…

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Rivian now says it will make fewer electric vehicles in 2024 than it did in 2023

Rivian Automotive (RIVN) faces supply shortage impacting production, revises annual guidance.

Seeking Alpha

Rivian slides after cutting its production forecast due to parts shortage (NASDAQ:RIVN)

Electric vehicle manufacturer Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading lower after the company lowered its annual production guidance due to a supply shortage of shared components on the R1 and RCV platforms.
The company produced 13,157 vehicles at its manufacturing facility in…

BizToc

Rivian's Production Forecast Hits Bump, Supply Shortage Sends Shares Tumbling

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Rivian Shares Drop After EV Maker Slashes Production Target

Rivian tumbled Friday as the EV startup reported third-quarter deliveries below consensus and lowered its full-year production goal. The post Rivian Deliveries In Q3 Miss Views; 2024 Production Target Cut For This Reason appeared first on Investor's Business Daily.

Investor's Business Daily

Rivian Dives On Delivery Miss, Production Target Cut

Rivian (RIVN) no longer expects to build as many vehicles this year as it did in 2023. After third-quarter deliveries...

Electrek

Rivian (RIVN) stock falls after cutting EV production plans, Q3 deliveries slip

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Rivian Automotive Releases Q3 Production and Delivery Figures, Updates 2024 Annual Production Outlook and Sets Date for Third Quarter 2024 Results

2024 is turning out to be a bumpy ride for Rivian as both its production and deliveries fall in Q3.

Rivian Automotive Cuts Production Outlook, Joins EVgo And Other Big Stocks Moving Lower In Friday's Pre-Market Session - Rivian Automotive (NASDAQ:RIVN)

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