Rivian (RIVN) jumps 14% after smashing 2Q delivery estimates

Go back to Rivian (RIVN) jumps 14% after smashing 2Q delivery estimates

Rivian Releases Q2 Production Figures and Sets Date for Second Quarter 2023 Results

July 3, 2023 8:33 AM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production totals for the quarter ending June 30, 2023. The company produced 13,992 vehicles at its manufacturing facility in Normal, Illinois and delivered 12,640 vehicles during the same period.

These figures remain in line with the companys expectations, and it believes it is on track to deliver on the 50,000 annual production guidance previously provided.

The company also announced that on August 8th, after market close, it will release its second quarter 2023 financial results.

Rivian will host an audio... More

Rivian Hires Sarah O’Brien as Chief Communications Officer

June 30, 2023 9:00 AM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced it has hired Sarah OBrien as its Chief Communications Officer. OBrien is joining Rivian from Meta, where she spent more than four years as Vice President of Executive and Product Communications. OBrien starts at Rivian today and will report directly to Rivian Founder and CEO RJ Scaringe.

Prior to Meta, OBrien was Vice President of Communications at Tesla, where she supported the launch of Model 3, Solar Roof and Teslas Semi Truck. Prior to Tesla, she worked... More