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Rivian starts a challenging year with a big slip in deliveries
Rivian delivered just 8,640 vehicles in the first three months of 2024, the company's worst quarterly mark since the end of 2022. But the company says the
On a conference call with analysts in February, Rivian’s chief financial officer said that a “challenging demand environment, partially driven by the impact of the fires in Los Angeles” — plus the seasonal drag on sales to start the year — would result in fewer deliveries. Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
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