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Rivian Tops Q1 Estimates, but Investors Rightly Remain Wary
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Rivian Tops Q1 Estimates, but Investors Rightly Remain Wary
The post Rivian Tops Q1 Estimates, but Investors Rightly Remain Wary appeared first on 24/7 Wall St.. Quick Read Rivian (RIVN) delivered 10,365 vehicles in Q1 (up 20% year-over-year) with $1.381B in revenue that beat estimates, though automotive gross profit swung to a $62M loss from $92M profit last year as regulatory credit sales dropped $100M. Tesla (TSLA) continues generating positive free cash flow at scale while Ford (F) benefits from it…
·New York, United States
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Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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