EV automaker Rivian recalls almost all vehicles, sees stock drop

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EV automaker Rivian recalls almost all vehicles, sees stock drop
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The electric vehicle maker's stock slid about 9% during Monday trading on Wall Street after a massive recall and investor concerns.

New electric-vehicle automaker Rivian recalled nearly all of its vehicles, causing a Monday slip of its stock during trading on Wall Street, intensifying concerns from investors.

The company announced late on Friday that it needed to recall over 12,000 vehicles, which amounts to just about every electric vehicle the company has produced so far.

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