Rivian reports more losses in the second quarter of 2022

Rivian generated $364 million in revenue.

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EV maker Rivian says its current models will not qualify for tax breaks

Electric-vehicle maker Rivian Automotive Inc on Thursday forecast a wider operating loss for the year and also said many of its current models will not qualify for new federal tax incentives.

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Rivian losses surge to $1.7 billion as production ramps up

Rivian said Thursday that it lost $1.7 billion in the second quarter of 2022 as it works to ramp up its vehicle production amid the on-going supply chain crunch. The automaker's losses more than doubled from the same period last year, when it lost $580 million.

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Rivian Is Offering Customers a Way Around the Inflation Reduction Act

R1T and R1S buyers may not be subject to income restrictions and MSRP limits if they act quickly.

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Rivian marks over $1.7 billion in losses over Q2 2022 - electrive.com

The US electric car start-up Rivian posted a net loss of 1.71 billion US dollars in the second quarter of 2022. However, Rivian was able to significantly increase production - and is also sticking to its annual target of 25,000 vehicles built. The loss thus almost tripled from $580 million in the

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Here are Friday's biggest analyst calls: Rivian, Oracle, Teladoc, Bed Bath & Beyond, Walmart & more

Here are Friday's biggest calls on Wall Street.

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Rivian files patent for 'front dig mode' – possibly a more user-friendly version of 'tank turn'

Back in 2019, when Rivian was just another EV startup, it delivered a tidal wave of virality by teasing “tank turn,” in which a shiny new R1T pickup drove in, spun in place, then drove off. A recent patent shows that Rivian may be developing a similar mode, called “front dig mode,” that turns more […]

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Rivian Guidance Is Applauded by Wall Street. Production Is 'Key.'

Analysts applaud Rivian's ability to maintain its 2022 production guidance despite ongoing supply-chain snarls. Whether the company can execute will be highly scrutinized.

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Rivian reports $1.7 billion loss in second quarter

"We need to be able to continue to grow and scale without additional financing in this macro environment," CEO RJ Scaringe told employees.

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Irvine’s Rivian leads EV slump as investors shun the money-losing startup

Among the sizable EV startups in the US, shares of the electric-truck maker have fared the worst this year by a mile, down 64% through Wednesday’s close.

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