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Rivian fell 6.3% in pre-market trading on Friday, dropping to a low point of over four months. The electric auto manufacturer stated that the company is experiencing production disruptions, leading to a downward revision of its full-year delivery expectations. As of the third quarter ending on September 30th, the company delivered 10,018 autos, a 35.6% year-on-year decrease, with production dropping by 19.3% to 13,157 autos. The company mentioned that the production disruptions were caused by a shortage of a shared component on the R1 and RCV model platforms. In a statement, the company expressed, "The impact of this supply shortage began in the third quarter of this year and has become more pronounced in recent weeks."
