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Rivian Stock Struggles Persist Despite Q2 Delivery Growth

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Rivian's Q2 deliveries rose but revenue growth remains weak, losses stay heavy, and dilution concerns persist.
  • High-priced R1 models and a shrinking US EV market threaten future profitability, raising doubts about long-term viability despite modest R2 sales momentum.
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TSLA price history

366.20 -14.86% over the displayed period

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