Rivian ($RIVN) produced 10K vehicles in Q4

In spite of a significant increase in quarterly output, Rivian missed its total 2022 goal of producing 25,000 vehicles by 663 units in the fourth quarter.

The company produced 10,020 vehicles and delivered 8,054 vehicles in thefourth quarter. This means that for the full year the company produced 24,337 vehicles and delivered 20,332 vehicles. This is slightly off Rivian’s annual production forecast of 25,000, but still a significant increase fromthe beginning of the year.

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