More Good News for Rivian Investors
Rivian Automotive (NASDAQ: RIVN) investors already received good news during the third quarter when the electric vehicle (EV) manufacturer continued to work through production bottlenecks. As the company accelerated the use of its in-house motor line, it boosted production and pushed full-year guidance for the second quarter in a row -- up to 54,000 vehicles, which might prove conservative yet again.
Investors are in for even more good news as the company continues to ramp up its efforts in a different direction. Let's dig in.
Here's a quick review of just how strongly Rivian's production and deliveries have bounced back from the speed bump a few quarters ago.
Source Fool.com
