Shares of Rivian Automotive Inc. dropped 10% in following-hrs trading Tuesday after the electric-car or truck maker narrowed its quarterly decline but skipped revenue expectations and exposed struggles with components shortages and other producing hiccups as it attempted to ramp up manufacturing.

“The source constraint is, by considerably and absent, the greatest constraint,” Rivian RIVN Chief Govt RJ Scaringe stated in a call with analysts following effects.

Ongoing…

Tags: Alternative Fuel Vehicles article_normal Automobiles C&E Exclusion Filter C&E Industry News Filter Content Types corporate Corporate/Industrial News disruptions Earnings Earnings Projections Earnings Surprises Factiva Filters Financial Performance industrial news Motor Vehicles Rivian Automotive Inc. Cl A RIVN share price movement Share Price Movement/Disruptions Supply Chain

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