COGS improvement and production guidance raise is good, but they are still burning lots of cash. It's headed in the right direction though. Much…
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COGS improvement and production guidance raise is good, but they are still burning lots of cash. It's headed in the right direction though. Much better earnings than Lucid.
Sawyer Merritt: NEWS: @Rivian has reported Q2 earnings and raised their 2023 production guidance by 2k to 52,000 vehicles.
Highlights:
EPS: -$1.08 vs -$1.41 est
Revenue: $1.12B vs $1.01B est
$35,000 gross profit per vehicle delivered improvement
Hildebrand has been working at Tesla since July. https://www.tesmanian.com/blogs/tesmanian-blog/tesla-hires-leader-of-giga-nevada-expansion-engin…
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Hildebrand has been working at Tesla since July. https://www.tesmanian.com/blogs/tesmanian-blog/tesla-hires-leader-of-giga-nevada-expansion-engineering-and-construction
“Through the 40 years or so at the firm, you tend to categorise people in different brackets, and Vaibhav was always among the top stars, the thr…
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“Through the 40 years or so at the firm, you tend to categorise people in different brackets, and Vaibhav was always among the top stars, the three or four that stand…
The new in-app experience makes joining utility programs frictionless. The program creates a virtual power plant that can be used to curb peak de…
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The new in-app experience makes joining utility programs frictionless. The program creates a virtual power plant that can be used to curb peak demand for electricity.
Our Men's Dock Shorts are a great summertime wardrobe addition. Made from a blend of 55% hemp/45% organic cotton and colored using vegetable dye,…
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Our Men's Dock Shorts are a great summertime wardrobe addition.
Made from a blend of 55% hemp/45% organic cotton and colored using vegetable dye, these sustainable shorts offer style, durability & all-day comfort for any adventure.