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The Marked Chart Wire · Business
HotRivian
The electric vehicle maker updated its outlook for the current year, setting a new delivery range of 67,000 to 70,000 vehicles.
Part of a series: Rivian expands operations and beats revenue estimates
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Rivian
Rivian reported third-quarter revenue of nearly $2.2 billion, up 38 percent, with the R2 becoming its top-selling model. The company narrowed its adjusted loss to $0.48 per share and raised full-year delivery guidance to 67,000-70,000 vehicles.
Rivian
Rivian reported $2.16 billion in revenue and 19,248 vehicle deliveries, both exceeding analyst expectations. The company guided for 67,000 to 70,000 full-year deliveries and an adjusted EBITDA loss of $1.75 billion to $1.85 billion.
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