EV maker Rivian Automotive (RIVN) is halting production of its electric delivery vans for Amazon (AMZN) tied to reports of supply chain constraints and auto ...
Turn off with Rivian shares under pressure down over 2% after the company temporarily suspending production of its commercial delivery vans.According to multiple reports and the production, H is really just the latest in a series of supply chain issues for that have come over the past two years.Rivian has a deal for 10 100,000 of these vans being supplied to Amazon by the end of the decade.
Yeah, I, I think there's still a lot of questions because we didn't really get too many details from R just in terms of what, exactly that part is where we are seeing that shortage.So I think some of that uncertainty and lack of clarity surrounding this delay is really what's putting pressure on the stock and off just about 2% here in today's trading.
The Kamala Harris campaign Friday said if elected she will work right away to lower grocery costs by banning price gouging, cut middle class taxes, prescription drug prices , and housing costs, and relieve medical debt.Major indexes took a break after winning streaks. A tax prep stock gapped up after earnings results and reached a record high Friday.
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