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Anushka Dutta

How Should Traders Approach Rivian Automotive (RIVN)?

RIVN Rivian Automotive Inc

Rivian Automotive, Inc. (RIVN) is a producer and retailer of Electric Vehicles (EVs) and related accessories. Their product lineup includes five-passenger pickup trucks and seven-passenger sports utility vehicles.

The company raised its full-year production forecast recently to 52,000 total units. RIVN also delivered 12,640 vehicles in the April-June period, beating analysts' estimates of 11,000.

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