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Market Chatter: Rivian's Illinois Factory Hit by Tornado; No Injuries Reported

-- Rivian Automotive's (RIVN) factory in central Illinois was damaged by a tornado over the weekend, CNBC reported Monday, citing an internal message from CEO RJ Scaringe to employees Sunday night.

The tornado struck an area used for parts storage for Rivian's R2 electric vehicle, which is expected to go on sale this spring, the report said.

No injuries were reported, and operations in the damaged area are expected to resume this week, the report said.

Rivian did not immediately respond to a request for comment by.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $16.86, Change: $-0.38, Percent Change: -2.18%

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