Is Rivian Automotive Stock a Buy Now?
Rivian (NASDAQ: RIVN) stock jumped 14% on Oct. 4 after the electric truck, SUV, and van maker posted its latest production numbers. In the third quarter, it produced 7,363 vehicles and delivered 6,584 vehicles. Its production volume hit 14,317 vehicles in the first nine months of 2022, and it also reaffirmed its full-year production target of 25,000 vehicles.