Shares prices of Rivian Automotive (NASDAQ: RIVN) are hovering around a 52-week low after the electric truck, SUV, and delivery van manufacturer reported its first quarterly earnings as a public company. Let's unpack the earnings report to determine what's driving Rivian's stock lower right now. Rivian's goal was to produce 1,200 vehicles by the end of the year after delivering its first R1T truck in September. Read More...
Shares prices of Rivian Automotive (NASDAQ: RIVN) are hovering around a 52-week low after the electric truck, SUV, and delivery van manufacturer reported its first quarterly earnings as a public company. Let’s unpack the earnings report to determine what’s driving Rivian’s stock lower right now. Rivian’s goal was to produce 1,200 vehicles by the end of the year after delivering its first R1T truck in September.
