$Rivian Automotive (RIVN.US)$ trades lower on a Teslarati report that the EV maker will delay future deliveries of its R1T all-electric pickup and R1S all-electric pickup SUV until 2022.
Teslarati sources and members of the Rivian Owners Forum have received emails stating that their pre-ordered R1S SUVs won't be delivered until March 2022 or later, months behind the original projection date of January 2022. Some R1T pre-orders have also been delayed according to sources.
The email did not mention the production start date for the R1S, which was supposed to be in December 2021 but may not be on track given the delays.
The breakdown through an informal poll on the Rivian forum:
$Lucid Group (LCID.US)$ $Tesla (TSLA.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$

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1. @Rebelraven: After buying the dip & hearing the awesome news from our CEO A.A.. I'm feeling 4 & 6 $AMC Entertainment (AMC.US)$
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