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-0.00197498354180389 -0.00197498354180389 0.00197498354180378 -0.00131665569453597 0.000658327847267925 0.00258064516129027 0.00258064516129027 0.00258064516129027
Stock impact report

Rivian R2 Milestone And Recall Put Growth Plan Under Investor Focus [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
Rivian Automotive has started building manufacturing validation units of its R2 SUV at its updated Illinois plant, a key step toward targeted volume production in 2026. The company has issued a recall affecting a large number of existing R1T and R1S vehicles, focusing attention on product quality and customer experience. Rivian is moving forward with a major joint venture with Volkswagen as it manages softer EV demand and higher manufacturing costs across the industry. Rivian Automotive (NasdaqGS:RIVN) is drawing fresh attention as it works to scale from a premium focused EV maker toward a broader market player. The stock closed at $15.2, with a return of 22.4% over the past year and a 3 year return of 22.9%, reflecting a mixed journey for longer term holders. Recent positive gross profits and progress on the R2 program frame this latest news in the context of an ongoing business transition. For you as an investor, the combination of R2 validation builds, a sizable recall, an Show less Read more
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