Rivian reports Q2 loss but aims for profitability with 25% gross margins

From NASDAQ: 2024-08-08 05:45:00

Rivian (NASDAQ: RIVN) reported a significant loss in Q2 but aims for 25% gross margins and 10% free cash flow margin. Analyst Travis Hoium breaks down the numbers in a video analysis. Stock prices mentioned are from August 7, 2024.

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