Rivian sinks 15% after first earnings report since IPO reveals production shortfall

The 2022 Rivian R1T.Rivian
Rivian stock tumbled Friday after reporting its first quarterly results as a public company late Thursday.
The maker of electric pickup trucks revealed it will fall short of its 2021 production target due to supply-chain constraints.
Rivian also announced the construction of a new factory in Georgia, with EV production expected to begin in 2024.
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Rivian stock sank Friday after revealing late Thurs