Reports Q1 revenue $1.381B, consensus $1.37B. RJ Scaringe, Rivian (RIVN) Founder and CEO, said: “With the launch of R2, we are excited to dramatically expand our market opportunity and have more people driving Rivians. The support of the Department of Energy for the $4.5 billion loan to build our Georgia facility enables Rivian to grow American jobs and establish stronger U.S. technology and manufacturing leadership while further scaling our customer base.”
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