Feb 22, 03:05 PM

Rivian Q4 2023 Earnings: Margins Hit, Shares Drop 15%, No 2024 Production Growth, Analysts' Concerns

Rivian's Q4 2023 earnings report reveals a hit to gross margins, leading to a 15% drop in shares. The company projects no production growth in 2024, with concerns over short-term growth and long-term confidence expressed by analysts.

#Rivian

Written with ChatGPT (GPT-3).

Sources

CNBC@CNBC
2 years ago
Rivian and Lucid shares plunge after weak EV earnings reports https://t.co/9JIzkDa74p
Yahoo Finance@YahooFinance
2 years ago
Rivian, Lucid tumble as analysts grow wary of 'lackluster' growth, new product timelines https://t.co/EZdrWVyFpL by @Pras_S
TheStreet@TheStreet
2 years ago
Analysts revamp Rivian stock price targets after earnings https://t.co/flxwRPqhJy

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Rivian Q4 2023 Earnings: Margins Hit, Shares Drop 15%, No 2024 Production Growth, Analysts' Concerns

Sources

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