Rivian tumbled over 12% in morning trading after it warned supply issues to hit 2021 production<blockquote>Rivian警告供应问题将影响2021年产量,早盘股价暴跌逾12%</blockquote>
Rivian tumbled over 12% in morning trading after it warned supply issues to hit 2021 production.It highlighted the challenges it is likely to face in ramping up production to take on EV leader Tesla Inc.Rivian also announced plans to build a $5 billion plant to ramp up capacity, while flagging production challenges even as it receives about 2,000 pre-orders every week."We don't want to read too much into near-term issues ... but it does highlight the risk that Rivian has a lot on its plate," RBC
Hope this torrid performance in Chinese stocks ends soon
E-commerce stocks fell sharply in morning trading, with Pinduoduo and JD.com dropping over 6%,Alibaba dropping 5%<blockquote>电商股早盘大跌拼多多、京东跌超6%阿里巴巴-SW跌5%</blockquote>
E-commerce stocks fell sharply in morning trading, with Pinduoduo and JD.com dropping over 6%,Alibab