The Chicago Entrepreneur

Rivian’s quarterly loss balloons, but EV maker says gross profit is within sight

Rivian Automotive Inc. late Tuesday reported quarterly results that were largely in line with expectations, with earlier, steeper stock losses narrowing as investors seemed to focus on hopes that the EV maker reaches a measure of profitability by the end of the year.

Previous post Tim Walz and J.D. Vance are both Diet Mountain Dew fans. Here’s why that could hurt the brand.
Next post They ran a buffet restaurant by day — but at night, they were key to a $6 million luxury-car scam