Rivian Surpasses Expectations with Q1 Financial Results, Eyes Profitability
Rivian impressed investors and analysts alike with its first-quarter financial performance, as detailed in its latest earnings report. Despite a net loss of $1.4 million and an EBITDA-adjusted loss of $798 million, the company’s revenue of $1.2 million exceeded expectations, signaling a positive trajectory towards profitability. During Q1, Rivian delivered 13,588 vehicles and produced 13,980, … Continue reading Rivian Surpasses Expectations with Q1 Financial Results, Eyes Profitability
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