Rivian's Rollercoaster Ride: Earnings Beat Expectations, Stock Plunges, Analyst Calls, and Make or Break Year Ahead

Rivian Automotive's full year 2023 results show a 167% increase in revenue to US$4.43 billion and a narrowed net loss of US$5.43 billion, with an improved loss per share of US$5.74. While revenue beat expectations, earnings per share fell short. The company's shares are down 30% from a week ago, and a 33% annual revenue growth is forecasted for the next 3 years. However, there are 3 warning signs for Rivian Automotive that investors should be aware of.