Home Uncategorised Rivian stock less bruised than Tesla as both miss EV targets

Rivian stock less bruised than Tesla as both miss EV targets

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Electric vehicle maker Rivian Automotive barely missed its full-year production target of 25,000 vehicles in 2022, the company said in a filing late on Tuesday. Before the Securities and Exchange Commission released the filing, Rivian’s shares closed down nearly 6% to $17.34, but saw little movement in after-hours trade.

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