17
Dec
14:05
Rivian sums up Q3 as platform for growth
Amazon-backed US EV start-up Rivian has capped off a fiscal quarter of explosive growth, Kallanish learns from the company’s shareholder letter.
In the quarter ended 30 September, the company generated revenue of about $1 million from the sale of 11 R1T vehicles. Negative gross revenue was $82m, operating expenses were $694m, and the company’s net loss was $1.23 billion - down from $288m in Q3 2020.
“The negative gross profit relates…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous