Rivian (RIVN) reported 1Q22 earnings numbers May 11 post-market with a greater than expected loss on EPS and revenue below expectations. Rivian reaffirmed their guidance for 25,000 unit production by the end of fiscal 2022, says George Tsilis. They have a contract with Amazon for 100K commercial vans, he adds. George explains his June 17 $22.50 cash-secured put on Rivian. Tune in for the full discussion with Nicole.
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