Rivian Q3 2024 Earnings Report: Strategic Partnerships and Path to Profitability Amid Production Challenges
Rivian’s Q3 2024 earnings report underscores a period of pivotal developments for the company as it continues its journey toward operational efficiency and financial sustainability. Facing a mixture of production hurdles and strategic advancements, Rivian’s results reveal a focus on technological partnerships, streamlined operations, and future-ready EV platforms. tl;dr Production and Delivery Highlights In the third quarter of 2024, Rivian produced 13,157 vehicles and delivered 10,018. These numbers were affected by a critical shortage in a shared component of its…