Rivian Won't Need to Raise More Capital Until 2025: CEO

The transcript covers Rivian's recent performance, highlighting a 50% production and 60% delivery increase. Despite this, guidance was only raised by 5% due to supply chain considerations. The company is supply-constrained, not demand-constrained, with long wait times for customers. Financially, Rivian lowered its loss guidance and is focused on ramping production and reducing costs. The R2 program is on track, and the company is preparing for a significant market entry in Europe. Rivian is also exploring new commercial partnerships beyond its exclusivity with Amazon.

What was the percentage increase in Rivian's production quarter on quarter?

• 30%

• 60%

• 50%

• 70%

What is the main reason for the delay in vehicle deliveries according to Rivian?

• Logistical challenges

• Supply chain issues

• Lack of demand

• Production issues

Which vehicle is more profitable for Rivian?

• R1T Pickup

• R1S SUV

• EDV Van

• All are equally profitable

What is Rivian's financial goal in the coming quarters?

• Reduce vehicle prices

• Achieve profitability

• Expand to new markets

• Increase production costs

What is Rivian's plan regarding the exclusivity agreement with Amazon?

• Focus on smaller deals

• Negotiate new terms

• End the agreement

• Extend the agreement