The US attorney's office in Manhattan is looking into the company, the Wall Street Journal reported. The Securities and Exchange commission is also probing the EV startup.
Rivian Automotive, Inc. (NASDAQ:RIVN) is under federal scrutiny after U.S. regulators opened a preliminary probe into potential seat belt defects on thousands of the company's electric delivery vans.
The U.S. auto safety regulator, the National Highway Traffic Safety Administration, has opened an investigation into approximately 2.9 million Tesla (TSLA) vehicles due to concerns about traffic ...