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Rivian Reports Huge Loss for 2022, Sets Ambitious 50,000-Unit Production Target for 2023

Rivian confirmed investors' worries regarding cash burn, posting a huge net loss in 2022. At the same time, the company's financials showed a l. ....

Max Pack , Q4 2022 , 22022 Results , Financial Results ,

Electric Trucks Lose Their Spark: Rivian Reports Weak Earnings, Stock Drops Almost 17%

Rivian, the electric vehicle startup aiming to compete with Tesla, posted lower-than-expected Q4 revenue, leading to a share price drop of almost 17 percent in morning trading. ....

New York , United States , Times Square , Jamie Kelter Davis Bloomberg , Associated Press , Ann Sophie Fjello Jensen Ap Images For Rivian Automotive , Rivian Automotive , Jamie Kelter , Wall Street , Electric Vehicles ,

Rivian Lost $6.8 Billion Last Year as Production Fell Short

The maker of electric trucks said it expected to double production in 2023 as the supply of parts became more reliable. ....

Ford Motor , Earnings Reports , Electric Cars And Hybrids , Supply Chain , Rj Scaringe ,