Rivian (RIVN) surprises in Q1 earnings with smaller losses and reaffirmed production guidance
May 9, 2023
Rivian (RIVN) released its first-quarter earnings Tuesday as the EV maker looks to build upon its momentum from last year. Despite a slow start to 2023, Rivian says it still expects to produce 50,000 vehicles this year.
Rivian Q1 2023 earnings preview
After producing 9,395 vehicles and delivering 7,946 total units in the first three months of the year, Rivian says it remains on track to hit its…