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Reuters

Reuters

Rivian lowers annual production forecast due to parts shortage

Reuters
Summary
Nutrition label

79% Informative

Rivian now expects full-year production to be between 47,000 and 49,000 vehicles.

Shares of the company fell over 6% in premarket trading.

The stock has declined more than 50% this year .

Rivian delivered fewer vehicles in the third quarter than analysts had expected.

U.S. market leader Tesla missed quarterly deliveries estimates earlier this week .

VR Score

90

Informative language

95

Neutral language

66

Article tone

semi-formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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