Rivian Announces Preliminary Q2 Deliveries and Production
Key Highlights:
Q2 Deliveries: Rivian pre-announces deliveries for Q2 at 13.0K to 13.3K, surpassing expectations of 10.2K.
Q2 Production: Production figures for Q2 are projected between 9.1K to 9.3K, slightly below the expected 10.3K.
Financial Guidance: Rivian reaffirms its path to achieving positive gross profits by Q4 2024.
Annual Production Target: The company maintains its full-year 2024 production guidance at 57K units.
Financial Guidance: Rivian reaffirms its path to achieving positive gross profits by Q4 2024.
Annual Production Target: The company maintains its full-year 2024 production guidance at 57K units.
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