
Rivian Automotive, Inc.’s (NASDAQ:RIVN) otherwise good week ended with some bad tidings for the electric vehicle manufacturer.
What Happened: Rivian announced a voluntary recall of the EVs it delivered to customers after it identified issues with a fastener, according to a letter sent by CEO R.J. Scaringe to customers, which Benzinga has viewed. In rare circumstances, the nut could loosen fully, he added.