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  2. Rivian raises production target, sees narrower loss for 2023

    www.aol.com/finance/rivian-earnings-preview...

    The $4.2 billion EBITDA loss projection Rivian now sees for 2023 is $1 billion less than the EBITDA loss it reported in 2022. ... Rivian said in its shareholder letter that gross profit per ...

  3. Rivian earnings: Stock slides as its 2023 production forecast ...

    www.aol.com/finance/rivian-earnings-preview...

    The company said its new production forecast for 2023 will be 50,000 vehicles, below analyst estimates of around 63,000 units. Rivian is also projecting a 2023 adjusted EBITDA loss of $4.3 billion ...

  4. Rivian - Wikipedia

    en.wikipedia.org/wiki/Rivian

    Rivian's stock price recovered significantly through the first half of 2023, reaching a period high of $28.06 on July 27, 2023. However, momentum has subsequently reversed with a $1.5bn convertible green note received poorly by the financial markets, [ 152 ] causing the share price to decline to a daily low of $15.88 on October 26, 2023.

  5. Rivian investors to seek details on path to profits at ... - AOL

    www.aol.com/news/rivian-investors-seek-details...

    Rivian's stock has lost more than a third of its value this year, even after its best-ever one-day gain of 23% on Wednesday, partly due to the company sticking to its production forecast of 57,000 ...

  6. Rivian EDV - Wikipedia

    en.wikipedia.org/wiki/Rivian_EDV

    The Rivian EDV (Electric Delivery Van) and ECV (Electric Commercial Van), also known as the Delivery, are a line of battery-electric cargo vehicles built by Rivian.Initially they were exclusive to its investor Amazon, which uses the EDV for package delivery, but in November 2023, sales were opened to other companies as the ECV / Delivery, with minor cosmetic changes. [1]

  7. R. J. Scaringe - Wikipedia

    en.wikipedia.org/wiki/R._J._Scaringe

    The name of the company changed to Rivian Automotive in 2011. [17] [18] On November 10, 2021, Rivian went public, listing its shares on the Nasdaq. [19] Scaringe is chairman of the board and has 9.5% voting power. Additionally, he has complete veto power over board decisions due to his 100% ownership of the company's class B shares. [20]

  8. Rivian Stock Price Prediction: 2023-2030 - AOL

    www.aol.com/rivian-stock-price-prediction-2025...

    Tesla, for example, produced 479,700 vehicles in Q2 2023, while Ford sold nearly 550,000 trucks in the first half of 2023. In spite of all the excitement surrounding Rivian, the company still has ...

  9. Rivian Writes Letter to Shareholders — Here’s What It Says

    www.aol.com/finance/rivian-writes-letter...

    Electric vehicle (EV) company Rivian -- which had a blockbuster IPO in November but has since been struggling with supply chain issues and chip shortages -- recently had its first annual ...