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2022-05-12
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it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9064449843","repostId":"1163463240","repostType":2,"repost":{"id":"1163463240","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1652362800,"share":"https://ttm.financial/m/news/1163463240?lang=&edition=fundamental","pubTime":"2022-05-12 21:40","market":"us","language":"en","title":"Rivian Shares Surged 10% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1163463240","media":"Tiger Newspress","summary":"The electric-vehicle maker kept its 2022 production outlook intact","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive Inc.</a> stock rose more than 10% in morning trading after the electric-vehicle maker kept its 2022 production outlook intact and tried to assure investors about it was on the right track amid a recent selloff of its shares.</p><p><img src=\"https://static.tigerbbs.com/6d961f504f352bfd3b7af700ea667e6b\" tg-width=\"833\" tg-height=\"676\" referrerpolicy=\"no-referrer\"/></p><p>"We couldn't be more confident in the path that lies head," Chief Executive RJ Scaringe told investors on a call after the first-quarter results.</p><p>Rivian has $17 billion in cash, the capacity to build 150,000 vehicle units, and sees "incredible demand" for its EVs, including a cheaper vehicle in the future, "ensuring we are positioning ourselves for significant growth in the coming years," Scaringe said.</p><p>Rivian made 2,553 vehicles in the quarter and delivered 1,227, generating $95 million in revenue, the company said.</p><p>Analysts polled by FactSet expected the EV maker to report an adjusted loss of $1.49 a share on sales of $133 million.</p><p>The gap between produced and delivered vehicles in the quarter was strictly on timing, not quality issues, Scaringe said.</p><p>Rivian has taken a page from Tesla Inc. and also sells its vehicles directly to consumers, bypassing dealerships.</p><p>The company has worked with suppliers so they can ramp their production and Rivian can meet its demand, Scaringe said. Suppliers have "leaned in," and that was in part what gave the company the confidence to keep its production goals, the CEO said.</p><p>"We remain focused on ramping production throughout 2022," the company said in its letter to shareholders.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rivian Shares Surged 10% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRivian Shares Surged 10% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-12 21:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/RIVN\">Rivian Automotive Inc.</a> stock rose more than 10% in morning trading after the electric-vehicle maker kept its 2022 production outlook intact and tried to assure investors about it was on the right track amid a recent selloff of its shares.</p><p><img src=\"https://static.tigerbbs.com/6d961f504f352bfd3b7af700ea667e6b\" tg-width=\"833\" tg-height=\"676\" referrerpolicy=\"no-referrer\"/></p><p>"We couldn't be more confident in the path that lies head," Chief Executive RJ Scaringe told investors on a call after the first-quarter results.</p><p>Rivian has $17 billion in cash, the capacity to build 150,000 vehicle units, and sees "incredible demand" for its EVs, including a cheaper vehicle in the future, "ensuring we are positioning ourselves for significant growth in the coming years," Scaringe said.</p><p>Rivian made 2,553 vehicles in the quarter and delivered 1,227, generating $95 million in revenue, the company said.</p><p>Analysts polled by FactSet expected the EV maker to report an adjusted loss of $1.49 a share on sales of $133 million.</p><p>The gap between produced and delivered vehicles in the quarter was strictly on timing, not quality issues, Scaringe said.</p><p>Rivian has taken a page from Tesla Inc. and also sells its vehicles directly to consumers, bypassing dealerships.</p><p>The company has worked with suppliers so they can ramp their production and Rivian can meet its demand, Scaringe said. Suppliers have "leaned in," and that was in part what gave the company the confidence to keep its production goals, the CEO said.</p><p>"We remain focused on ramping production throughout 2022," the company said in its letter to shareholders.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163463240","content_text":"Rivian Automotive Inc. stock rose more than 10% in morning trading after the electric-vehicle maker kept its 2022 production outlook intact and tried to assure investors about it was on the right track amid a recent selloff of its shares.\"We couldn't be more confident in the path that lies head,\" Chief Executive RJ Scaringe told investors on a call after the first-quarter results.Rivian has $17 billion in cash, the capacity to build 150,000 vehicle units, and sees \"incredible demand\" for its EVs, including a cheaper vehicle in the future, \"ensuring we are positioning ourselves for significant growth in the coming years,\" Scaringe said.Rivian made 2,553 vehicles in the quarter and delivered 1,227, generating $95 million in revenue, the company said.Analysts polled by FactSet expected the EV maker to report an adjusted loss of $1.49 a share on sales of $133 million.The gap between produced and delivered vehicles in the quarter was strictly on timing, not quality issues, Scaringe said.Rivian has taken a page from Tesla Inc. and also sells its vehicles directly to consumers, bypassing dealerships.The company has worked with suppliers so they can ramp their production and Rivian can meet its demand, Scaringe said. Suppliers have \"leaned in,\" and that was in part what gave the company the confidence to keep its production goals, the CEO said.\"We remain focused on ramping production throughout 2022,\" the company said in its letter to shareholders.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
