Tag: gross profit

Rivian Just Forecast This Important Metric Will Turn Positive. Is Now the Time to Buy the Stock?

Rivian's (NASDAQ: RIVN) second quarter could go down as the most important in its history after the electric vehicle (EV) maker introduced its...

Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit

By Abhirup RoyNORMAL, Illinois (Reuters) -Electric-vehicle maker Rivian's drive to cut costs and turn its first profit has removed over 100 steps from...