Rivian Q1 earnings expected to show electric vehicle demand rising

SalesMoney MattersElectric VehiclesHigh Tech / High Touch
Written By Jennifer Joslyn

Fisker, Nikola and Lucid reported earnings for Q1 provide a hint of what’s to come from Rivian.

Expectations are that the earnings will show an increasing product demand, but consistent ongoing supply chain issues and skyrocketing rates of cash output. Rivian’s shares shut down at 20% following a CNBC report that Ford Motor sold off eight million of its total 102 million shares of the start-up electric vehicle manufacturer.

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Jennifer Joslyn
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