Shares of Rivian Automotive Inc. dropped greater than 8% in after-hours buying and selling Tuesday after the electric-vehicle maker narrowed its quarterly loss however missed income expectations and revealed struggles with components shortages and different manufacturing hiccups because it tried to ramp up manufacturing.
“The availability constraint is, by far and away, the most important constraint,” Rivian RIVN Chief Govt RJ Scaringe stated in a name with analysts after outcomes.
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