Rivian Loses A Number Of High-Ranking Executives | Carscoops carscoops
Rivian has grown rapidly in recent years, expanding from a team of approximately 1,200 in 2019 to around 14,000 last summer.recently revealed that it produced 24,337 vehicles throughout 2022, slightly less than its target of 25,000. Of these, 20,332 were delivered to customers and some 10,020 were manufactured in the final three months of 2022.
Rivian had started off 2022 with a goal of producing 50,000 vehicles but had to cut that estimate in half due to supply-chain disruptions and parts shortages.has not yet announced its financial results for the full 2022 calendar year but at the end of Q3, reported a net loss of $5 billion during the first nine months of the year. At the end of September, it also had $13.8 billion in cash and cash equivalents compared with $15.46 billion at the end of June 2022.
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