Rivian Cuts Full-Year Earnings Forecast
Rivian Automotive Inc. posted quarterly sales above Wall Street’s expectations and reaffirmed its delivery forecast, but the electric-vehicle maker trimmed its full-year earnings expectations as it continues to grapple with supply-chain snags, high costs and economic volatility. Bloomberg’s Ed Ludlow reports.
Bloomberg Technology
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Evans Ken
August 12, 2022 at 7:24 pm
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August 12, 2022 at 9:07 pm
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Lizzie
August 12, 2022 at 9:10 pm
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Mark Plott
August 14, 2022 at 3:32 pm
RIVIAN is a FLOP, it fails to EXECUTE , it fails to PRODUCE & ramp Production.
in 1H 2022 TESLA model X OUTSOLD & Produced the RIVIAN.
Bert Nier
August 14, 2022 at 8:08 pm
It is terrible to promote a personal vehicle that is 7173 pounds. Using this energy to move one person around is irresponsible. You are wasting your grand child resources faster then anybody else. We need lighter transportation and be more innovative to protect what we have. This vehicle is not an evolution if it is destroying our limited resource faster then what we have now. it will fail!