Rivian CEO Says Supply-Chain Problems to Ease This Year

Start the electric car Rivian Automotive Inc. still maintained its output forecast for 2022, with executives saying supply chain problems that have persisted in recent months are expected to ease later this year.

Rivian reported quarterly results after the market close Wednesday, said revenue for the first quarter was $95 million, below Wall Street expectations.

https://www.wsj.com/articles/rivian-set-to-give-business-update-as-stock-slumps-11652285404?mod=pls_whats_news_us_business_f Rivian CEO Says Supply-Chain Problems to Ease This Year

Edmund DeMarche

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