Rivian Inventory Alert: Tesla Rival Asks for Endurance

The primary quarter was brutal for Rivian  (RIVN) – Get Rivian Automotive, Inc. Class A Report

The inventory took a beating on Wall Road after the corporate did not ship on its car supply guarantees. His difficulties in managing manufacturing ramp-ups as a consequence of half scarcity at its suppliers have made issues worse and solid doubt on its future. 

To this was added a PR problem born of its choice to extend the costs of its R1T pickups and R1S SUVs with out warning after which to cancel this choice in entrance of the anger of its prospects. The episode left traces each for its picture and for its funds.

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