RIVN Stock Alert: Rivian Recalls 7,873 Electric Vehicles

Rivian (NASDAQ:RIVN) announced a recall of nearly 7,800 R1S and R1T electric vehicles (EVs). The company said a software update has been deployed to fix a problem with the accelerator pedal. Customers are being urged to install the update. The recall only impacts cars made between June 2021 and October 2022.RIVN stock fell 10% on Jan. 2 and another 3% overnight. Fourth quarter deliveries fell 10.2% below the previous quarter, to 13,972. Rivian is due to announce fourth-quarter results on Feb. 2; a loss is e ...