Rivian plans to produce 18k vehicles

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Rivian Automotive declared Thursday its second quarter monetary outcomes revealing income of $364 million

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 the yearly creation direction of 25,000 units

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the wake of delivering less than 7,000 in the main portion of 2022.

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During the subsequent quarter, Rivian created 4,401 vehicles 

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its typical day to day preorder rate "advanced in Q2 of 2022 contrasted with Q1 of 2022". 

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That's what the organization added "Store network keeps on being the restricting variable of our creation".

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Great day and thank you for holding on and welcome to Rivian's Second Quarter 2022 Earnings

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Please make an effort to remain exhorted that the present meeting is being recorded. 

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 I might now want to hand the gathering over to your speaker today,

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Tim Bei, Vice President of Investor Relations and Strategic Finance. 

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Great evening and thank you for going along with us for Rivian's second quarter 2022 income call.

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 Going along with us on the present call, we have RJ Scaringe, 

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 our Founder, Chairman and Chief Executive Officer and Claire McDonough, 

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‘Fed should consider more 75 basis-point hikes’