Reported about 6 hours ago
Rivian is set to announce its Q3 earnings, with expectations of $1.49 billion in revenue and a loss per share of $0.71. The expiration of federal EV tax credits and ongoing trade issues have widened the company's projected losses for 2025. As Rivian aims for profitability, attention is on the upcoming R2 midsize SUV, scheduled for release in 2026, which could bolster sales. The company has also adjusted its vehicle delivery guidance for 2025.
Source: YAHOO