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

The Verge

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Independent: Vox Media

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

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

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

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Rivian Dives On Delivery Miss, Production Target Cut

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.

Electrek

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

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