Rivian Automotive Inc. (NASDAQ:RIVN) shares are trading flat Thursday as investors continue to weigh a nationwide software-based vehicle recall against manufacturing efficiency gains and long-term production scaling.
Here’s what investors need to know.
- Rivian Automotive stock is trading at depressed levels. Where are RIVN shares going?
Software Recall and Over-the-Air Resolution
The muted price action follows regulatory disclosures filed with the National Highway Traffic Safety Administration on Wednesday, where Rivian issued a safety recall covering 98,828 vehicles across select 2022–2027 R1S SUVs, 2022–2026 R1T pickups, and 2027 R2 crossovers.
The filing detailed a software display glitch where on-screen system notification prompts on the central display could briefly overlap and obstruct the rearview camera feed while reversing. Rivian confirmed it is unaware of any accidents or injuries related to the flaw and is deploying a free over-the-air software patch to fix the display logic across affected vehicles, with official owner notification letters scheduled for mailing Nov. 9.
Executive Transition and Manufacturing Upgrades
The recall news coincides with broader corporate realignments as the EV maker prepares for its upcoming third-quarter financial results. Following management disclosures made Aug. 27, the company is navigating an executive transition within its finance department following Chief Financial Officer Claire McDonough’s planned departure on Oct. 30, with interim CFO Derek Mulvey focusing on capital preservation ahead of late-2026 spending targets.
To lower manufacturing costs, Rivian integrated Stratasys’ F870 3D printing systems into its Normal, Illinois facility, announced Sept. 9, aiming to accelerate production of polymer factory tooling, assembly fixtures and inspection gauges to reduce per-unit expenditures across its assembly operations.
RIVN Stock Pauses Thursday
RIVN Price Action: Rivian Automotive shares were up 0.60% at $15.11 at the time of publication on Thursday, according to Benzinga Pro data.
Image: Shutterstock
