Rivian Releases Third Quarter 2022 Financial Results

Rhea-AI Summary

Rivian Automotive has released its third quarter 2022 financial results, available on its investor relations website. The company is set to discuss these results in an audio webcast today at 2:00 PM PT. Rivian focuses on creating electric vehicles and services aimed at promoting carbon-neutral energy and transportation. Their direct sales model targets both consumer and commercial markets, supplemented by a full suite of proprietary services to enhance customer relationships.

Positive

• Direct sales model to consumers and commercial markets enhances revenue potential.

Negative

• None.

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) has today published a letter to its shareholders containing the company’s third quarter 2022 financial results. The letter is available on its investor relations website (https://rivian.com/investors).

Rivian will host an audio webcast to discuss its results and provide a business update at 2:00pm PT / 5:00pm ET today, November 9. The live webcast will be available at https://edge.media-server.com/mmc/p/fkjpvhbg and a replay will be available for four weeks at https://rivian.com/investors.

About Rivian:

Rivian exists to create products and services that help our planet transition to carbon neutral energy and transportation. Rivian designs, develops, and manufactures category-defining electric vehicles and accessories and sells them directly to customers in the consumer and commercial markets. Rivian complements its vehicles with a full suite of proprietary, value-added services that address the entire lifecycle of the vehicle and deepen its customer relationships. Learn more about the company, products, and careers at www.rivian.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221109005837/en/

Investors: ir@rivian.com

Media: Harry Porter: media@rivian.com

Source: Rivian Automotive, Inc.

FAQ

What were Rivian's Q3 2022 financial results?

Rivian's Q3 2022 financial results can be accessed through their investor relations website.

When will Rivian discuss its Q3 2022 results?

Rivian will discuss its Q3 2022 results in an audio webcast today at 2:00 PM PT.

What is Rivian's focus in the electric vehicle market?

Rivian aims to create electric vehicles and services that promote carbon neutrality.

How does Rivian sell its vehicles?

Rivian sells its vehicles directly to consumers and commercial markets.

Where can I find more information about Rivian?

More information about Rivian is available on their official website.