Rivian's Q3 Losses Hit $40K Per EV Amid Lowest Deliveries Since Q1 2023 🚗
Rivian Automotive reports a significant $39,130 loss per vehicle in Q3 as delivery numbers decline to their lowest since early 2023, raising concerns for the EV maker's future performance.
Benzinga
3.6K views • Nov 11, 2024
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EV company Rivian Automotive (NASDAQ:RIVN) reported a gross loss per unit delivered in the third quarter of $39,130, following a drop in deliveries in the three months through the end of September. Rivian delivered 10,018 electric vehicles in the third quarter, the lowest number of quarterly deliveries since the first quarter of 2023.
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