Rivian offers investors hope it can withstand a bleak EV market
By Kara Carlson | Bloomberg After a brutal year for the US electric-vehicle industry, Rivian Automotive handed investors a rare reason for optimism. The EV manufacturer based in Irvine reported better-than-expected fourth-quarter results and its first-ever annual gross profit, a key milestone after years of consistent losses. The signs of progress come as the company…
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