Rivian Automotive (RIVN) announced a recall of 24,000+ R1S and R1T vehicles due to Highway Assist software flaws risking crashes. Stock up 6% YTD but 47% above late-2024 lows amid ongoing struggles.
Rivian’s stock has dropped nearly 80% below its IPO price. It’s struggling to ramp up its production and deliveries. Its launch of the R2 SUV in 2026 will be a make-or-break moment. Rivian sells three ...
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