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Rivian Automotive
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Rivian Automotive (RIVN) stock is down 22% year-to-date, but the company reported Q2 revenue of $1.66 billion (up 27% YoY) and swung to a gross profit of $179 million.
Analysts expect Rivian's full-year revenue growth to accelerate to 38.4% before rising to over 59% next year, cutting into its net losses. The electric vehicle maker recently launched its R2 battery-e
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Rivian Automotive (RIVN) stock is down 22% year-to-date, but the company reported Q2 revenue of $1.66 billion (up 27% YoY) and swung to a gross profit of $179 million.
Analysts expect Rivian's full-year revenue growth to accelerate to 38.4% before rising to over 59% next year, cutting into its net losses. The electric vehicle maker recently launched its R2 battery-e
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Rivian Automotive
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