Here's your summary from New Rivian Flagship Vehicles Start at $69,900 (https://www.youtube.com/watch?v=eY0zmnnDLOk) on the Bloomberg Television channel:

### TLDR:

Rivian announces second generation flagship SUV and pickup truck starting at $69,900, aiming for positive gross profit by fourth quarter through renegotiating supply contracts and redesigning vehicles.

### Key Points:

1. Second generation Rivian SUV and pickup truck start at $69,900 and $75,900 respectively, available for immediate delivery.

2. Rivian renegotiated supply contracts to improve cost of goods and margin profile, aiming for positive gross profit by fourth quarter.

3. Company shut down assembly lines in April to redesign vehicles and reach target profitability.

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