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Yahoo FinanceJul 31, 11:29 EDT

Rivian Crushes Earnings Estimates as R2 Rollout Fuels Profit Surge

Rivian posted a Q2 gross profit of $170M, crushing Wall Street's $71M estimate, boosted by R2 rollout progress. Stock rallied then reversed, but strong EV fundamentals signal rising competition for T…

TSLA

Yahoo FinanceJul 31, 07:45 EDT

Rivian Crushes Earnings Estimates as R2 Rollout Boosts Profit

Rivian reported Q2 gross profit of $170 million, beating Wall Street's $71 million estimate, driven by successful R2 rollout. Stock rose on the news, signaling increased EV competition.

TSLA

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USDCHF2.0 · 1 stories
BRENT1.73 · 414 stories
WTI1.59 · 476 stories
XOM1.45 · 192 stories
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NZDUSD-1.6 · 5 stories
EURUSD-0.89 · 63 stories
US100-0.89 · 384 stories
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US500-0.81 · 592 stories