Rivian Production Numbers 2024. Rivian ( nasdaq:rivn) has announced the results of its first quarter 2024 vehicle production and deliveries. This is a bit lower than expectations, as black noted.
Reduced by $550 million to $1.2 billion. Rivian production numbers reached a milestone as its 100,000th ev rolled off the production line, after releasing its r2, r3, and r3x models last month.
Nevertheless, The Company Is Sticking To Its Most 2024 Production Target Of 57,000 Vehicles.
Our q1 production results are in line with our expectations and we believe we are on track to deliver on the 50,000 annual production guidance previously.
More Importantly, Rivian Still Expects To Achieve A Positive Gross Profit By The End.
The company produced 17,541 vehicles at its manufacturing facility in normal, illinois and delivered 13,972 vehicles during the same period.
The Company Also Reported Thursday That So Far This Year It Has Delivered Between 26,600 And 26,900 Vehicles And Has Produced.
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The Electric Vehicle Automaker Reported ($1.41) Earnings Per Share (Eps) For The Quarter, Missing The Consensus Estimate Of ($1.38) By $0.03.
Rivian reports official q2 delivery and production numbers on july 2.
Irvine, California, January 2, 2024:
During the first quarter of 2024, rivian unveiled its new midsize platform which underpins r2, r3, and r3x.
We Reported Our Official Q1 Production And Delivery Numbers This Morning.