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Barchart
Anushka Dutta

20,000 Reasons to Consider Selling Rivian Stock Here

Popular electric vehicle (EV) company Rivian Automotive (RIVN) has to recall nearly 20,000 units (19,641 units, to be precise) of its previously serviced R1S and R1T EVs in the U.S. due to an issue with the toe links. The U.S. National Highway Traffic Safety Administration (NHTSA) stated that the company will replace the incorrectly assembled rear toe-link bolts at no charge. 

Although there has been only one incident related to a toe-link issue, the NHTSA issued the recall because there is a risk associated with servicing toe links using earlier service procedures. Given this situation, where the company must bear the costs of nearly 20,000 vehicle recalls and its 2025 production and delivery numbers declined compared to the prior year, investors might want to take a measured view of RIVN stock now. 

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