Commissioning of electric trucks
rivian automotive
it hopes to deliver 50,000 units in 2023, while Wall Street was looking to get closer to 60,000 units. Shares fell early on Wednesday.
Rivian (ticker: RIVN) reported fourth-quarter figures after the close of business on Tuesday. The company lost $1.87 per share on sales of $663 million. Wall Street had been looking for a loss of $2 a share on sales of just under $800 million.