Rivian: It’s Only Getting Worse


  • Rivian announces Q4 revenue miss but beats on bottom line.
  • 2023 production forecast well short of expectations.
  • Capital raise may be required by the middle of 2024.
Electric Truck Maker Rivian Recalls Almost All Of Its Vehicles Over Steering Issue

Mario Tama

After the bell on Tuesday, we received fourth quarter results from Rivian (NASDAQ:RIVN), seen in this shareholder letter. The electric vehicle maker showed decent growth in its first major production year in 2022, but growing this upstart business came

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