Goldman Sachs Reiterates Neutral Rating on Rivian Automotive Inc (RIVN)
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Rivian Releases Q3 Production and Delivery Figures, Updates 2024 Annual Production Outlook and Sets Date for Third Quarter 2024 Results
October 4, 2024 6:05 AM EDTIRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending September 30, 2024. The company produced 13,157 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,018 vehicles during the same period.
Rivian is experiencing a production disruption due to a shortage of a shared component on the R1 and RCV platforms. This supply shortage impact began in Q3 of this year, has become more acute in recent weeks and continues. As a result of the supply shortage, Rivian is revising its annual production guidance to be... More
IQHQ Executes on Retail Leasing; Leading Luxury Lifestyle Club Equinox Coming to Research and Development District (RaDD)
October 3, 2024 9:00 AM EDTSAN DIEGO--(BUSINESS WIRE)-- IQHQ, Inc., a premier life science real estate development company, has announced the signing of premium retail leases and an event space operator at RaDD, IQHQs transformative life science district on San Diegos downtown waterfront. These new, high-quality partnerships total approximately 50% of the districts nearly 200,000 square foot retail footprint.
This press... More
