Rivian's Q3 Surge: Better-Than-Expected Results
Update: 2025-11-05
Description
Rivian's stock surged after reporting impressive Q3 results, with revenues of $1.55 billion, a 78% increase from last year, and a smaller loss per share than expected. The company delivered 13,201 vehicles and produced 10,720, aligning with expectations. Despite challenges like losing federal EV tax credits and trade issues, Rivian maintained its full-year loss projection and reiterated its adjusted 2025 EBITDA loss forecast. The company is making progress on strategic priorities, including its upcoming R2 model, with the R2 body shop installation complete and manufacturing validation builds expected by year-end.
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