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Rivian Automotive (RIVN) closed the most recent trading day at $13.46, moving 3.65% from the previous trading session.
Shares of Rivian Automotive (RIVN -4.01%), the electric trucks and vans company, slid in afternoon trading after Bloomberg reported that Amazon (AMZN -0.93%) is evaluating electric vans from General Motors (GM -0.29%) as an alternative to Rivian's.
Rivian (RIVN -4.40%) has grown immensely since the company went public in 2021. At the time of its IPO, sales were essentially zero.
Rivian estimates that 100% of the recalled electric SUVs and trucks have the defect.
Rivian Automotive (RIVN) announced a recall of 24,000+ R1S and R1T vehicles due to Highway Assist software flaws risking crashes.
Rivian Automotive, Inc. (NASDAQ:RIVN ) Goldman Sachs Communacopia + Technology Conference 2025 September 10, 2025 3:25 PM EDT Company Participants Robert Scaringe - Founder, CEO & Chairman of the Board Conference Call Participants Mark Delaney - Goldman Sachs Group, Inc., Research Division Presentation Mark Delaney Equity Analyst Okay. Great. Thank you, everybody, for joining us.
Shares of Rivian Automotive Inc. (NASDAQ: RIVN) are changing hands for 3.4% less than a week ago, underperforming the Nasdaq.
Shares of Rivian Automotive (NASDAQ:RIVN) lost 0.73% over the past five trading sessions after gaining 3.43% the five prior.
Auto research firm iSeeCars forecasts that, when the $7,500 EV purchase tax credit is removed, the electric vehicle share of the U.S.
It was in big headline letters in The Wall Street Journal: “Rivian Lays Off Workers as It Preps Launch of Cheaper SUV.