Rivian produced slightly less than 25,000 vehicles in 2021, as it suffered from component shortages and production issues at its sole plant, in Normal, Illinois. In terms of outlook, the company still sees an adjusted EBITDA loss for the year of $4.3 billion, which is a narrowing of the $5.2 billion EBITDA loss it had in 2022. Rivian reports it has $11.24 billion in cash and cash equivalents at the end of the quarter, down from the $12 billion it had at the end of Q4.