Rivian Shares Fall After Recall
New EV maker dinged by big recall due to loose fastener.
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New EV maker dinged by big recall due to loose fastener.
Sales fall due to customer affordability concerns. Company offering lower-priced models, cutting its costs.
The past year set a record for sales of cars, but investors are signaling doubts about the companies that make them, reports The Wall Street Journal. Shares of auto makers such as General Motors Co. and Ford Motor Co. began sliding late last year. This year, they have fallen even faster than the battered broader market. Analysts and investors attribute the declines ... Read More »
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