Rivian Automotive Q3 Vehicle Deliveries Surge
RIVN Rivian Automotive Inc
$14.34 -1.17%
View chart & analysis → - 1Rivian Automotive produced 19,751 vehicles and delivered 19,248 vehicles in the third quarter.
- 2An approximately 20% increase in Rivian vehicle deliveries is required in the fourth quarter to meet annual guidance.
- 3Seth Goldstein, senior equity analyst at Morningstar, told Reuters that the market expected an upward revision of guidance.
So what's the key point?
Rivian Automotive delivered 19,248 vehicles to customers in the third quarter. To meet this year's target, the company needs to deliver 20% more vehicles in the fourth quarter than it does now.
Source The Motley Fool · View original ↗
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