Rivian Shares Soar After Fixing Production Problems

1/10/2025 2:09:29 PM

(MENAFN- Investor Brand Network) Rivian Automotive Inc. (NASDAQ: RIVN)
has seen a big jump in its stock price. The company recently announced strong sales in the last quarter of 2024 and shared good news about fixing its production issues. These updates have made investors excited about Rivian's future.

In the fourth quarter of 2024, Rivian delivered 14,183 vehicles. This was much higher than the 12,700 vehicles that experts had predicted. These deliveries included Rivian's popular R1T pickup trucks, R1S SUVs, and delivery vans for...

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