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Rivian Earnings: 9 Key Metrics You Should See

TheMotleyFool

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Rivian Earnings: 9 Key Metrics You Should See: https://g.foolcdn.com/editorial/images/696056/rivn-stock-rivian-electric-vehicle.jpg

Shares of Rivian Automotive (NASDAQ: RIVN) are up 2.8% as of 10:16 a.m. ET on Friday, following the premium electric-vehicle (EV) maker's release of its second-quarter 2022 report on Thursday after the market close.

The market's moderately positive reaction is probably largely attributable to the company reaffirming its 2022 unit production target, which was arguably the most important metric in the report. That's because it's crucial for EV start-ups to ramp up production as quickly as possible in order to drive down the fixed cost per vehicle.

Here's an overview of Rivian's second quarter and outlook centered around nine key metrics.

Source Fool.com

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