Rivian reports 36% drop in Q3 sales, slashes full-year production forecast on parts shortage
It said it will report third-quarter earnings Nov. 7. In the second quarter, Rivian reported a net loss of $1.5 billion, 21 percent greater than in the same quarter a year earlier. The automaker had a net loss of $1.4 billion in the first quarter and $5.4 billion in the 2023 calendar year, according to its financial reports.