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Source:
Los Angeles Times
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Source: Los Angeles Times
2 DaysLos Angeles Times
Source: Los Angeles Times
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Rivian reported third-quarter revenue of $2.15 billion, up 38% from a year earlier, while vehicle deliveries increased 46%, led by its R2. Shares rose more than 6% Friday after the company narrowed its automotive gross loss to $80 million and raised the lower end of its 2026 delivery forecast to 67,000 vehicles. CEO RJ Scaringe said Rivian is targeting positive automotive gross profit by the end of 2026.
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