Rivian needs to prove it can make and deliver enough EVs.
Rivian’s promise to upend the auto industry with beautifully designed emissions-free, adventure-themed trucks and SUVs was almost dependent on the company’s ability to deliver actual vehicles to actual customers. And, in that respect, Rivian is getting slightly better.
The company hasn’t said when it will report its Q2 earnings, but there will likely be a lot more red ink. Last quarter, Rivian reported aThe company will still need to churn out 18,046 vehicles over the next eight months if it’s to meet its goal of 25,000 built this year
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