Rivian Automotive Inc (RIVN) PT Raised to $8 at CFRA
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Rivian Releases Q4 2024 Production and Delivery Figures and Sets Date for Fourth Quarter and Full Year 2024 Results
January 3, 2025 8:31 AM ESTIRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter and full-year ending December 31, 2024. The company produced 12,727 vehicles at its manufacturing facility in Normal, Illinois and delivered 14,183 vehicles during the same period.
On a full-year 2024 basis, the company produced 49,476 vehicles and delivered 51,579. These figures were in line with managements full-year 2024 guidance of 47,000 to 49,000 vehicles produced and 50,500 to 52,000 vehicles delivered. In addition, the previously discussed shortage of a shared component on the R1 and RCV platforms is no longer a constraint on Rivians... More
