Rivian Releases Q3 Production Figures And Sets Date For Q3 2023 Results; Produced 16,304 Vehicles At Its Manufacturing Facility In Normal, Illinois And Delivered 15,564 Vehicles During The Same Period
Portfolio Pulse from Benzinga Newsdesk
Rivian Automotive, Inc. (NASDAQ:RIVN) has announced its Q3 2023 production totals, producing 16,304 vehicles and delivering 15,564 vehicles. These figures align with the company's expectations and it believes it is on track to meet the 52,000 annual production guidance. Rivian will release its Q3 2023 financial results on November 7th, after market close.
October 02, 2023 | 12:46 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Rivian's Q3 2023 production figures align with the company's expectations, indicating a stable production and delivery process. The upcoming Q3 financial results could provide further insights into the company's performance.
Rivian's announcement of meeting its production and delivery targets indicates a stable operational process, which is a positive sign for investors. However, the upcoming Q3 financial results will provide a more comprehensive view of the company's financial health and performance, which could impact the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100