Monday, May 6, 2024

Rivian to report Q1 earnings as EV maker cuts costs, prepares new models

Rivian to report Q1 earnings as EV maker cuts costs, prepares new models https://ift.tt/BbEgUey

While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still expect it to burn through billions in cash this year.

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