Rivian stock slips after 19,641-vehicle recall as jobs data and VW tie-up hit tape
Rivian Automotive, Inc. shares were down about 0.9% at $19.89 in early trade on Friday after U.S. safety regulators said the company is recalling 19,641 electric vehicles over an improperly reassembled rear toe link, a part of the rear suspension. The National Highway Traffic Safety Administration said Rivian will replace the rear toe-link bolts free of charge and cited one crash with minor injuries.
