The latest update is out from Rivian Automotive ( (RIVN) ).
Rivian Automotive, Inc. has reported its third-quarter production and delivery numbers, with 13,157 vehicles produced and 10,018 delivered. Due to a component shortage affecting production, the company has adjusted its annual production forecast to 47,000-49,000 vehicles, maintaining its delivery growth outlook in the low single digits from the previous year. Additionally, Rivian has scheduled the release of its third-quarter financial results for November 7, 2024, and will host a webcast to discuss business performance and expectations.
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