Rivian Stock Soars as EV Maker Says Production Issues Have Been Resolved

Key TakeawaysShares of Rivian Automotive soared on Friday after the EV maker announced production numbers that topped its estimates and said a problem that limited output was resolved.The manufacturer said it built 49,476 EVs in 2024, slightly above the high end of the outlook it gave in October.Rivan said that a component shortage that affected production was no longer an issue. Shares of Rivian Automotive (RIVN) soared Friday after the maker of electric trucks and SUVs reported full-year production that e ...