BUZZ-EV maker Rivian falls on weak 2025 deliveries forecast, vehicle recall

Updates

Shares of EV maker Rivian RIVN.O fall 5.2% to $12.91 in morning trading

RIVN forecasts a surprise drop in vehicle deliveries for the year

Co says it is recalling 17,260 vehicles in the U.S. due to a headlight issue that could reduce visibility and increase the risk of a crash

Says recall affects certain 2025 R1S SUVs and R1T pickup truck vehicles

*Co will replace the headlight control modules without any charge to customers

Up to last close, RIVN shares down ~17% in the past 12 months