RIVN has been in the news 1200% more than usual
Jan 03, 2025, 9:32 PM
-5.56%
What does RIVN do
Rivian Automotive, based in Irvine, California, designs and manufactures electric vehicles, including the R1T and R1S, and offers commercial solutions like the Electric Delivery Van. The company employs 16,790 people and went public on November 10, 2021.
RIVN has been in the news recently: In 2024, Rivian Automotive produced 49,476 vehicles and delivered 51,579, successfully meeting its production guidance despite earlier component shortages. Following these results, Rivian's stock rose significantly, gaining 24.5% after exceeding delivery expectations in the last quarter.
📡️ Consumer Discretionary
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