Rivian's Misstep Might Have Hampered Its Full Year Output But Its EV Adventure Continues

Quick Summary:

Last week, Rivian Automotive (NASDAQ: RIVN) drastically slashed its 2024 outpout goal over yet another supply chain disrution.

With this big blow to its supply chain, growth is in for a major setback this year as this supply chain fumble will cost Rivian 18% of this year’s annual production.

Rivian Has Been Having A Hard Time

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Upwallstreet

Category: Technology

Markets: United States

Topics: US88160R1014 Contributors Benzinga GM General TSLA US37045V1008 Electric vehicles EVs RIVN Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 19:33:35 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 594 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22971625

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 24 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions