Rivian Automotive, which said earlier this week along with earnings that it sees 50,000 vehicles produced in 2023, is telling staff that the production of 62,000 EVs is "possible" this year, according to Bloomberg.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on RIVN:
- Rivian Automotive price target lowered to $26 from $28 at Morgan Stanley
- Rivian put buyer realizes 7% same-day gains
- 3 Stocks to Buy Today, 3/2/2023, According to Top Analysts
- Rivian Automotive price target lowered to $28 from $50 at RBC Capital
- Rivian Automotive price target lowered to $16 from $23 at DA Davidson