RA

Rivian Automotive

RIVN
NASDAQConsumer Discretionary
$16.59
USD
+0.53(+3.27%)
At close: Apr 30, 18:15 UTC
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Open

$16.59

Prev. Close

$16.59

High

$16.59

Low

$16.58

Market Snapshot

Market Cap

$19.69B

P/E Ratio

-5.4

EPS

-3.81

Revenue

$5.01B

Why RIVN moved

Rivian Automotive highlights its dedication to electric vehicles by reporting its first gross profit, overcoming market challenges in the competitive EV industry.

About

Rivian Automotive, Inc. engages in the design, development, and manufacture of category-defining electric vehicles and accessories. The company is headquartered in Irvine, California and currently employs 15,232 full-time employees. The company went IPO on 2021-11-10. The Company’s R1 platform consists of two vehicles: the R1T, a two-row five-passenger pickup truck, and the R1S, a three-row seven-passenger sport utility vehicle (SUV). In the commercial market, the Company offers a Rivian Commercial Vehicle (RCV) platform. The vehicle on this platform is the Electric Delivery Van (EDV), designed and engineered by Rivian in collaboration with Amazon. The firm also offers FleetOS, its proprietary, end-to-end centralized fleet management subscription platform. The company also offers a variety of services, including vehicle repair and maintenance, financing, insurance, software subscriptions and FleetOS solutions. Its value-added services include vehicle electrical architecture and software development services, and more.

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