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Rivian's Brass Sued In Del. Over Vehicle Pricing Whiplash

By Katryna Perera (March 25, 2024, 10:08 PM EDT) -- A shareholder of California-headquartered electric vehicle manufacturer Rivian Automotive Inc. has filed a derivative suit against the company's top brass in Delaware's Court of Chancery, alleging they made false and misleading statements concerning Rivian's financial model, including about production costs and pricing for its EV pickup truck and SUV....

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