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The
62,000 figure was said in an internal meeting and was taken out
of context, the Rivian spokesperson said.
Bloomberg later said that the figure was given at an all- hands
meeting as part of a "production master plan" for the year. The
Rivian spokesperson declined to comment on the context in which
the number was given or about a company master plan.
Earlier this week, the Irvine, California-based maker of
electric pickup trucks and SUVs said it aimed to produce 50,000
cars this year, below analysts' estimate of 67,170 units,
according to Visible Alpha.
The company cited persistent supply-chain snarls sparked by the
pandemic and bad weather that hampered production, adding it
expected the issues to continue through 2023.
Investors are also concerned around weakening demand for EVs as
interest rates rise and fears of a looming recession force
customers to look for deals or even hold off on purchases.
Shares of Rivian closed up 7.6% at $16.92 on Friday after rising
more than 11% on the Bloomberg report.
(Reporting by Abhirup Roy in San Francisco and Eva Mathews in
BengaluruEditing by Peter Henderson, Bill Berkrot and Matthew
Lewis)
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