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Rivian reports USD 1.59 billion net loss, USD 95 million in revenue for Q1 2022
On May 11, Rivian Automotive announced Q1 2022 results.
Rivian produced 2,553 vehicles at its plant in Normal, Illinois in the first quarter and delivered 1,227 vehicles, generating USD 95 million in revenue.
The company generated a negative gross profit of USD (502) million for Q1 2022, and a net loss for of USD (1.....
Rivian produced 2,553 vehicles at its plant in Normal, Illinois in the first quarter and delivered 1,227 vehicles, generating USD 95 million in revenue.
The company generated a negative gross profit of USD (502) million for Q1 2022, and a net loss for of USD (1.....
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