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‘Reducing inflation will come at a great cost’: Ray Dalio warns that the Fed will likely trigger something far worse than high prices. Here’s what he likes today

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July 7, 2022
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Rivian says it’s on track to deliver 25,000 vehicles this year

Rivian said Wednesday the company produced 4,401 electric vehicles at its manufacturing facility in Normal, Illinois, and delivered 4,467 during the quarter ended June 30. “These figures remain in line with the company’s expectations, and it believes it is on track to deliver on the 25,000 annual production guidance previously provided,” Rivian said in a statement. In the first quarter of 2022, Rivian produced 2,553 vehicles and delivered 1,227.

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