Rivian (RIVN) drops in pre-market following 4Q delivery miss

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Go back to Rivian (RIVN) drops in pre-market following 4Q delivery miss

Rivian Releases Q4 2023 and Full-Year 2023 Production Figures and Sets Date for Fourth Quarter and Full Year 2023 Results

January 2, 2024 8:35 AM EST

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production totals for the quarter and full-year ending December 31, 2023. The company produced 17,541 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,972 vehicles during the same period.

On a full-year 2023 basis, the company produced 57,232 vehicles and delivered 50,122. This exceeded managements most recent full-year 2023 production guidance of 54,000 vehicles.

The company also announced that on February 21st, after market close, it will release its fourth quarter 2023 financial results.

Rivian will host an audio webcast at 5:00 p.m.... More