Post by lookingforatenbagger on Apr 3, 2023 14:23:23 GMT
CNBC: "Electric vehicle maker Rivian Automotive said Monday that its first-quarter deliveries were in line with expectations and that it remains on track to produce 50,000 EVs in 2023.
Rivian said in a statement that it produced 9,395 EVs in the first quarter and delivered 7,946 vehicles to customers by quarter-end. Both numbers were down from fourth-quarter results, but that wasn’t a surprise: Wall Street analysts polled by FactSet had been expecting Rivian to deliver about 8,000 vehicles during the first quarter."
www.cnbc.com/2023/04/03/rivian-2023-ev-production-target.html
PPS falls 4% after brief opening pop.
Rivian said in a statement that it produced 9,395 EVs in the first quarter and delivered 7,946 vehicles to customers by quarter-end. Both numbers were down from fourth-quarter results, but that wasn’t a surprise: Wall Street analysts polled by FactSet had been expecting Rivian to deliver about 8,000 vehicles during the first quarter."
www.cnbc.com/2023/04/03/rivian-2023-ev-production-target.html
PPS falls 4% after brief opening pop.