Rivian loses $1.45B as cost-cutting measures continue

Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The EV-maker brought in $1.2 billion ...

https://techcrunch.com/2024/05/07/rivian-loses-1-45b-as-cost-cutting-measures-continue/

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