RIVN Stock: How a New Supply Chain Caused Rivian to Miss Production Estimates

Shares of Rivian (NASDAQ:RIVN) stock are falling by over 5% today after the pure-play electric vehicle (EV) company announced its first-quarter production and deliveries.During the quarter, Rivian produced 13,980 vehicles and delivered 13,588 of them. Production came below the Visible Alpha estimate of 14,250 vehicles by about 2%. On the bright side, analysts polled by FactSet were expecting 13,000 deliveries, meaning that Rivian beat the estimate by 4.5%. Rivian delivered 13,972 vehicles during Q4.The comp ...