Amazon-backed startup Rivian Automotive Inc. (NASDAQ: RIVN) recently announced that it had recorded a loss of $1.7 billion in Q2 2022 amid efforts to ramp up electric vehicle production and increase deliveries. The automaker’s losses for the second quarter of 2022 were more than double the $580 million it lost in the second quarter of 2021.
During a call with investors, Rivian CEO RJ Scaringe…
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