RIVN - Why Rivian Automotive Shares Are Gaining Tuesday | Benzinga
Rivian Automotive, Inc. (NASDAQ:RIVN) shares rose on Tuesday following the company’s announcement of production and delivery figures for the second quarter.
The firm manufactured 9,612 vehicles at their Illinois facility and delivered 13,790 vehicles during the period. In the same quarter last year, Rivian produced 13,992 vehicles and delivered 12,640 units.
“Production and delivery results during the second quarter of 2024 were in line with Rivian’s expectations,” Rivian said in a press release.