Rivian (RIVN) On Pace To Meet Expectations

Rivian (RIVN) delivered 7,946 vehicles in quarter and produced 9,395 vehicles. Kevin Green discusses Rivian as it says it's on pace to meet production goal of 50,000 units in 2023. He compares Rivian to Tesla (TSLA), Ford (F), and General Motors (GM). He notes that Rivian is down over 18% year-to-date. Rivian described the delivery and production figures as being in line with its own expectations. The company expects that it's on pace to meet its production goal of 50,000 units for the year. Tune in to find out more about the stock market today.