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3 predictions for Rivian’s Q1 earnings

Rivian, the Irvine, Calif.-based electric vehicle startup, has faced mounting production pressures since launching late last year in one of the largest IPOs in U.S. history.
In March, the company adjusted its full-year forecast to 25,000 vehicles, down from an initial projection of 40,000 due to supply chain constraints. On Monday, Rivian’s stock plummeted more than 17% after a report that Ford had sold 8 million shares in the upstart EV company.
Given the company’s dramatic fall from public-market grace since its debut, its impending earnings report will carry extra weight.
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