Stocks Analysis by Michele Schneider covering: Tesla Inc, Rivian Automotive Inc. Read Michele Schneider's latest article on Investing.com
I have never been much for tracking EPS and Revs as the defining decision for whether or not to own a stock.) took years to turn a profit, even though it was obvious to us that more and more people were using it to purchase EVERYTHING for the most part.The company produced 9,612 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,790 vehicles during the same period.
For the full year 2024, management is reaffirming guidance for the annual production of 57,000 total vehicles. For Rivian Automotive, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects.On the other hand, the stock currently carries a Zacks Rank of #2.
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