Separately, Rivian said Rod Copes retired as chief operating officer.
"Rod began a phased retirement from Rivian several months ago, affording the team continuity as we moved toward production ramp," the company said in an emailed statement on Monday.Shares of Rivian slipped 4.22% to $78 in extended trade. They closed the regular session down 5.6% at $81.44. Last week, the previous high-flying stock skidded below its initial public offering price for the first time.
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