Rivian reported mixed quarterly results for the first quarter, but will see further cost savings from shifting its upcoming R2 production to its Normal, Ill., plant and trimming its capital expenditure forecast.
Buyers are being targeted on Amazon Marketplace, Facebook and eBay.
On May 6, 2024, Keith Alexander, Director at Amazon.com Inc (NASDAQ:AMZN), sold 1,000 shares of the company.