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Illinois

Rivian lowers production forecast, misses Q3 delivery expectations

Rivian produced 13,157 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,018 vehicles during the same period.

By: CNBC
  • Oct 04 2024
  • 45
  • 4671 Views
Rivian lowers production forecast, misses Q3 delivery expectations
Rivian lowers production forec
Shares of Rivian Automotive dropped about 4% in early trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual production forecast for 2024. The company said the... [996 chars]

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