RIVN Stock Recent News
RIVN LATEST HEADLINES
IRVINE, Calif.--(BUSINESS WIRE)--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending September 30, 2024. The company produced 13,157 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,018 vehicles during the same period. Rivian is experiencing a production disruption due to a shortage of a shared component on the R1 and RCV platforms. This supply shortage impact began in Q3 of this year, has become more acute in r.
In the closing of the recent trading day, Rivian Automotive (RIVN) stood at $10.64, denoting a +1.92% change from the preceding trading day.
The electric vehicle maker has massive upside potential, but how have shares performed recently?
Key Points: China's EV Dominance: Chinese EV companies are pushing Volkswagen out of the market, adding to their global struggles.
Rivian's (NASDAQ: RIVN) shares rallied in late July and then gave up the improvement.
Rivian has started a rental program for its R1T and R1S in Europe. Rivian's R2 will launch in Europe to a new market of competition.
Rivian announced it would be launching a pre-owned sales program. This should give price-conscious consumers another option.
Rivian's recent history has been very exciting. And the next five years could see its valuation soar.
24/7 Wall St. Insights Morgan Stanley downgraded Rivian Automotive Inc.
Rivian Automotive (RIVN) closed at $11.17 in the latest trading session, marking a +1.27% move from the prior day.