Rivian Hires Sarah O’Brien as Chief Communications Officer

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Rivian (RIVN) jumps 14% after smashing 2Q delivery estimates

July 3, 2023 9:53 AM EDT

Shares of California-based electric automaker, Rivian (RIVN) surged almost 14% in early trading Monday after the EV start-up overcame Wall Street expectations to deliver 12,640 vehicles in the second quarter. A 59% increase over last years delivery results.

It produced 13,992 vehicles at its manufacturing facility in Normal, Illinois during the same... More