Rivian Automotive (NASDAQ: RIVN) reported full-year 2024 earnings in late February. Despite some operational issues during the year, it ended the fourth quarter on a positive note in one very important way.

The EV start-up reported first-quarter deliveries of 8,640 vehicles, down 36% year over year but in line with company and Wall Street estimates.

Rivian (RIVN) shares slipped on Wednesday, April 2 after the electric vehicle (EV) company reported a 36% year-over-year decline in quarterly deliveries. The automaker delivered a total of 8,640 electric vehicles in Q1,