Rivian announces Q4 results: loses $2.4 billion, revises production to 25,000 EVs in 2022
Rivian has released its Q4 2022 earnings today and confirmed that it lost over $2.4 billion during the last quarter as it still faces significant challenges in ramping up production.
The automaker has revised its production target for 2022 to 25,000 and it plans to lose money on those.
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