Rivian beats estimates for second-quarter EV deliveries

July 3 (Reuters) - Rivian Automotive (RIVN.O) on Monday beat Wall Street expectations for quarterly deliveries on stable demand for its electric vehicles, sending its shares up nearly 9% in premarket trading.

The company, which has been struggling with supply chain hurdles, reiterated its annual production target of 50,000 units.

sitin Mon, 07/03/2023 - 21:23