Rivian Loses A Number Of High-Ranking Executives
Rivian also fell just short of its aim of producing 25,000 vehicles last year
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Rivian also fell just short of its aim of producing 25,000 vehicles last year
Rivian is struggling as expected, but it was able to deliver a relatively impressive number of electric trucks in 2022, especially considering the circumstances.
Rivian has seen the departure of multiple executives as growth failed to meet 25,000 electric vehicle goal for 2022. Rivian stock is down 79% since its IPO.
Several executives at electric vehicle startup Rivian have departed the company in the past several months as the company weathered a difficult 2022, according to the Wall Street Journal Tuesday.
Several Rivian executives have departed the company in recent months, including two VPs. What exactly is going on with RIVN stock?