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May 11, 2022, 11:51 pm291 pts
Teslarati
Rivian generated $95 million in revenue for Q1 2022, reporting a negative gross profit of $502 million. The EV startup also revealed that it produced 2,553 vehicles in the first quarter and delivered 1,227 cars. Rivian stated that it would continue to experience negative gross profit related to labor and…
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