A securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of Rivian Automotive, Inc. (Rivian or the Company) (NASDAQ: RIVN) between March 1, 2023, and February 21, 2024, inclusive (the Class Period). The lawsuit alleges that the Company failed to disclose to investors that it had overstated demand for its products, its ability to withstand negative macroeconomic impacts, and that its order bank had significantly deteriorated, which negatively impacted its anticipated earnings and vehicle production targets.