Rivian shares tumble after Irvine automaker cancels price hikes amid outcry
By Ed Ludlow | Bloomberg Rivian Automotive dropped to a record low after the electric-vehicle maker rolled back price increases on its debut cars for existing customers, marking an embarrassing about-face as it ramps up production and seeks to win over more buyers. The Irvine-based automaker was hit by customer cancellations this week after it…
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