Locator: 50990RIVIAN.
Data points:
- R2 SUV launched last week; survival of company at stake;
- the company lost $3.6 billion last year; has never turned an annual profit;
- delivered 42,247 vehicles last year
- lost $6,000 per sold vehicle last year:
- RIVN down 4% for the day; up 16% for the year;
- looks to deliver 20,000 to 25,000 units in 2H26;
- Normal, IL, plant has max theoretical capaicty of 155,000 units annually
- $3.6 / 50,000 cars = $72,000 per car profit as a marker.
