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Benzinga
Benzinga
Business
Adam Eckert

Is The Rivian Recall Just A 'Speed Bump' For The Amazon-Backed EV Company?

Rivian Amazon Dan Ives Nasdaq Rivian Automotive RIVN RJ Scaringe CNBC Wedbush

Rivian Automotive Inc (NASDAQ:RIVN) shares ran into a speed bump Monday morning after the company announced a voluntary recall of most of its EVs.

What Happened: According to a letter CEO R.J. Scaringe sent to customers late Friday, Rivian recalled about 13,000 of its electric vehicles after the company identified steering fastener issues. 

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