5 hours Rivian’s Loses Hit $19 Billion24/7 Wall St.

The Department of Energy’s Advanced Vehicle Technology Manufacturing plans to loan small EV company Rivian Automotive (NASDAQ: RIVN) $6.6 billion. As part of an analysis of Rivian’s finances, as the announcement was made, The Wall Street Journal put Rivian’s losses at $19 billion since it went public in 2021. It indicates how difficult it will […]

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