Rivian Automotive, Inc. (NASDAQ:RIVN) shares slipped in Thursday’s premarket session.
The EV maker reported first-quarter 2026 production of 10,236 vehicles and deliveries of 10,365 units.
A year earlier, Rivian produced 14,611 vehicles at its Normal, Illinois facility and delivered 8,640 units.
Rivian also reaffirmed its full-year delivery guidance of 62,000 to 67,000 vehicles.
The company is scheduled to report full financial results on April 30, 2026, after market close.
Peer Comparison
Tesla, Inc. (NASDAQ:TSLA) reported first-quarter production of more than 408,000 vehicles and deliveries of over 358,000 units, primarily driven by Model 3 and Model Y volumes. The company also deployed 8.8 GWh of energy storage products. Tesla will report earnings on April 22.
Ford Motor Company (NYSE:F) reported a U.S. retail share of 11.6% in the first quarter, supported by SUV demand and F-Series truck sales. Total sales declined 8.8% due to model transitions and prior-year comparisons.
Technical Analysis
At $14.80, Rivian is trading 3.7% below its 20-day simple moving average (SMA) of …
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