Rivian seeks to deliver 150,000 vehicles in 2025, with investor focus on Q2 performance against this goal. Key financial figures include Q1 revenue of $1.29 billion, exceeding expectations, and an EPS loss of -$0.48. With a cash balance of $3.5 billion, guidance on cash burn and partnership updates are crucial for investor sentiment. The company shows a blended ASP of $75,000 and seeks to improve gross margins currently at -25%. Service revenue and production versus delivery metrics will be vital indicators for future growth and profitability.
Rivian aims for 150,000 vehicle deliveries in 2025, with investors focusing on Q2 performance against this target and margins related to production costs and pricing.
Investors are particularly interested in Rivian’s unit economics, especially improvements in gross margin, which reached -25% in Q1 due to scale efficiencies.
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