Rivian Stock Soars as EV Maker Says Production Issues Have Been Resolved

Category: Automotive

Rivian Automotive's shares surged 23% after the company reported exceeding its production estimates for 2024, producing 49,476 vehicles despite previous disruptions due to a component shortage. The issue has now been resolved, allowing for increased production and deliveries.

Keywords: Rivian, Electric Vehicles, Stock Market

Source: Investopedia

Update At: 1/4/2025

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