
Rivian Automotive Inc. (NASDAQ: RIVN) stock is up more than 15% the morning after the company announced fourth-quarter deliveries that came in well above analysts’ estimates.
Better still, the electric vehicle (EV) manufacturer announced that it is no longer experiencing a component shortage that was limiting production for select models.
The company announced total deliveries of 14,183 vehicles for the three months ending on December 31, 2024. Here’s some context around those numbers: