---
schema_version: "secwatch.filing_event.v1"
accession: "0001874178-23-000040"
form_type: "8-K"
ticker: "RIVN"
cik: "0001874178"
company_name: "Rivian Automotive, Inc. / DE"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:00:22.296687+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rivian boosts 2023 production guidance to 52,000; improved adj. EBITDA outlook

## Summary
- Production rose ~50% vs Q1'23; Dual-Motor added to R1 lineup.
- Gross profit per vehicle improved ~$35,000 compared to Q1'23.
- 2023 production guidance increased to 52,000 units from prior 50,000.
- 2023 Adj. EBITDA guidance improved to $(4,200)M; capex reduced to $1,700M.

## SEC filing metadata
- accession: 0001874178-23-000040
- form_type: 8-K
- ticker: RIVN
- cik: 0001874178
- company_name: Rivian Automotive, Inc. / DE
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874178/000187417823000040/0001874178-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874178/000187417823000040/rivn-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001874178-23-000040
- JSON: https://secwatch.observer/filing/0001874178-23-000040.json
- Plain text: https://secwatch.observer/filing/0001874178-23-000040.txt

## Key facts
- Earnings Releases
  Rivian Automotive, Inc. / DE updated its 2023 guidance (lowered).
  - Period: 2023
  - Guidance: lowered
  - Result: guidance update
  source text: 2023 total production guidance increased to 52,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874178/000187417823000040/0001874178-23-000040-index.htm
- Earnings Releases
  Rivian Automotive, Inc. / DE updated its 2023 guidance (lowered).
  - Period: 2023
  - Guidance: lowered
  - Result: guidance update
  source text: 2023 Adj. EBITDA guidance improved to $(4,200) million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874178/000187417823000040/0001874178-23-000040-index.htm
- Earnings Releases
  Rivian Automotive, Inc. / DE updated its 2023 guidance (lowered).
  - Period: 2023
  - Guidance: lowered
  - Result: guidance update
  source text: 2023 Capex guidance reduced to $1,700 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874178/000187417823000040/0001874178-23-000040-index.htm
- Earnings Releases
  Rivian Automotive, Inc. / DE reported financial results for second quarter ended June 30, 2023.
  - Period: second quarter ended June 30, 2023
  - Result: reported results
  source text: On August 8, 2023 , Rivian Automotive, Inc. (the “Company”) announced its financial results for the second quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874178/000187417823000040/0001874178-23-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.