Rivian reiterates production forecast as EV maker rushes to boost output

Rivian Automotive Inc maintained its annual forecast on Monday as the electric-vehicle maker scrambles to lift output in an industry under pressure from an uncertain economy and a price war started by Tesla Inc. Shares of Rivian, whose backers include Amazon.com Inc, fell 2.4% in a broad decline for EV stocks that saw Tesla fall 6.3% after its own production report.

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