Despite weak EV demand, the truck maker said it's on track to make a gross profit in the last three months of the year.
Amid challenging market conditions and component shortages, Rivian aims to post its first gross profit in Q4, driven by ...
The FAO's food price index, which tracks global prices for a basket of staple foods, averaged 127.4 points in October, up 2.0% from a revised September level and 5.5% higher on year. The index now ...
Rivian said it had cash and cash equivalents of $5.4 billion ... as well as certain 2017 to 2019 Beetle and Beetle ...
The Cybertruck is angular and metallic, with an angled light bar along the front and a triangular side profile. Some love it ... We’re hoping it will be similar to Rivian’s, given the fact that ...
Rivian said on Thursday it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a sharp increase in sales of green car credits, despite a parts shortage disrupting ...
Due to the shortage of a part used in the drive unit, Rivian last month slashed its full-year production forecast to between ...
Rivian stuck to its forecast of achieving gross profit in the fourth quarter even as it reported its first drop in quarterly ...
(Eileen T. Meslar/Chicago Tribune) In addition to the Gold Coast showroom, Rivian has a Chicago service center at 2033 W.
Rivian (RIVN) also dialed down the year's adjusted Ebitda guidance to between a loss of $2.825 billion and a loss of $2.875 billion. A lower production outlook for the year has hit profits due to ...
The Silverado EV is claimed to be the longest-range electric pickup truck you can buy today, with an estimated 460 miles between charges. That’s its highlight.
For revenue, Rivian posted a bottom line of $874 million. That was quite a bit lower than the $990 million that was expected ...