Rivian (RIVN) shatters Q2 delivery estimates, stock pops over 13%

Rivian surpasses Q2 delivery estimates, delivering 12,640 EVs, boosting stock by over 13%.

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Rivian's production ramps up with 48% increase in Q2, producing 13,992 EVs.

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Analysts' expectations crushed as Rivian exceeds forecasted deliveries by 2,000 units.

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Rivian remains on track to meet its annual production goal of 50,000 EVs.

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Strong demand and robust backlog of preorders extend into 2024, driving Rivian's focus on R1S electric SUV production.

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