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Tesla Rival Rivian Delivers Bad News
Rivian and other EV starts-ups are struggling with various challenges as they try to carve out a piece of the market.
This is a tough time to be a start-up.
New entrants into the electric vehicle market are facing a slew of challenges, including runaway inflation, supply chain hold-ups and Russia's invasion of Ukraine.
Rivian Automotive (RIVN) - Get Rivian Automotive Inc. Report, which went public in November, is reportedly delaying delivery of its long-awaited SUV, the R1S, by one to nine months.
https://www.msn.com/en-us/money/companies/tesla-rival-rivian-delivers-bad-news/ar-AAYseCw
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