Recently, we learned from relevant channels that RIVIAN's third-quarter financial report was announced, which is the company's first financial report after listing, and we can see that the third quarter revenue is about $1 million, the net loss is $1.233 billion, the US stock loss is $12.21, as of December 15, the total number of R1T pure electric pickup trucks and R1S pure electric SUVs booked has increased to 71,000 units, an increase from November.
According to the data shown in the earnings report, RIVIAN's operating loss in the third quarter was $776 million, between the previous forecast of $745 million and $795 million. Due to the impact of the supply chain crisis, RIVIAN expects to produce hundreds of vehicles less than its 1,200 production target in 2021.
At present, rivian's R1T pure electric pickup truck and R1S pure electric SUV bookings have increased to 71,000 units, an increase of 28% from 55,400 units in November, and 652 vehicles have been produced and 386 vehicles have been delivered.
In the future, RIVIAN will also invest $5 billion to build a new plant in Georgia, USA, which will be put into operation in 2024 with an annual production capacity of 400,000 units. At the same time, RIVIAN expects capital expenditures to reach $8 billion by 2023, so some securities analysts believe that RIVIAN will not be profitable until at least 2025.