Rivian Stock Dips 3% Despite Record Q4 Revenue and Strong Delive

Category: Automotive

Rivian Automotive's stock fell 3% in premarket trading despite strong Q4 results, including record revenue and improved production figures. The company produced 12,727 vehicles and delivered 14,183, exceeding expectations. Rivian also addressed past production issues and set 2025 delivery guidance between 46,000 and 51,000 vehicles, while projecting adjusted EBITDA losses for 2024.

Keywords: Rivian, Electric Vehicles, Q4 Results

Source: GuruFocus.com

Update At: 2/22/2025

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