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

  • 📰 Forbes
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

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 stock fell as much as 15%—a new low point of less than $100 per share—before paring back losses and finishing the day down over 10%.

Despite a surge in customer orders, with reservations for Rivian’s electric pickup trucks and SUVs up 28% from last month, the company said that it will be “a few hundred vehicles short” of its 2021 production target of 1,200 vehicles. Rivian attributed the miss to ongoing supply chain issues, as well as problems with ramping up battery production to power the electric vehicles—though CEO RJ Scaringe said that didn’t “present any long-term challenges.”

The company said in its earnings release that as of December 15, it had so far produced 652 R1T pickups and R1S SUVs, with 386 of those delivered so far. at a $90 billion valuation on November 10 in what was one of the biggest IPOs of the year.“Ramping up a production system like this, as I said before, is a really complex orchestra,” Scaringe told investors on Thursday.

 

コメントありがとうございます。コメントは審査後に公開されます。

Bitcoin is something worth talking about, I decided to give it a try when i witnessed how it lifted my friend to his financial hierarchy. I invest $1500 worth of bitcoin and now with the current increase in bitcoin price I got $17,200 just in a week with the help Shelia_A_Gooch

Build them as soon as possible, this is a ticket to 3 Trillions dollars valuation.

they'll need A LOT of money in the next few years to stay alive until they are profitable

Many people in america got rich with no clue.

Greatest trader of all time Geoffreypreud . I never believed it until I experienced it. For a start I deposited $680 to test the waters, in few days I got a return of $2,900. Thanks Geoffrey

wow

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 394. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Plug Power, Rivian, Roblox, Lennar: What to Watch When the Stock Market Opens TodayPlug Power entered a partnership to develop a hydrogen fuel cell-powered electric city bus; Earnings are due from EV maker Rivian. One of Thomas' friends? If this car is green, will it look like a frog prince?
ソース: WSJ - 🏆 98. / 63 続きを読む »