Jul. 26 at 6:38 AM
$RIVN is heading into a major test with Q2 earnings due July 30. Operationally, the quarter was stronger than expected: 12,194 deliveries, supported by growth in R1, commercial vans and the first R2 deliveries. Rivian consequently raised its full-year delivery guidance to 65,000-70,000 vehicles.
The concern is dilution. The recent offering of 75 million shares strengthens liquidity and helps fund Rivian’s expansion plans, but existing shareholders are paying part of that price.
Key items to watch: R2 production ramp, automotive gross margin, cash burn and progress within the
$VWAGY joint venture.
$TSLA also remains relevant as a benchmark for EV demand and pricing pressure.
Not financial advice. Always do your own research.
