Others · October 2, 2023

Rivian Q3 deliveries beat expectations, jump 23% from previous quarter

Rivian reported Monday it produced 16,304 vehicles at its Normal, Illinois factory and delivered 15,564 to customers, a higher-than-expected result that puts the company on track to beat its estimates for the year. Shares of Rivian fell 3% before gaining back some ground to settle at $24.13. Rivian expects to produce 52,000 vehicles in 2023. […]

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