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Rivian Shares Fall To Record Low As Company Warns Of Supply Chain Issues

Rivian Shares Fall To Record Low As Company Warns Of Supply Chain Issues

Topline Shares of Rivian tumbled nearly 11% on Friday—hitting a new record low since the company’s blockbuster IPO last month—after the electric truck maker warned that it would miss its 2021 production target due to ongoing supply chain issues. Rivian’s first earnings as a public company showed that ramping up production levels will be no …

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