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Rivian sees FY25 adjusted EBITDA ($2B)-($2.25B)

Sees FY25 vehicles delivered 40,000-46,000. Sees FY25 capital expenditures $1.8B-$1.9B. The company is maintaining its 2025 delivery guidance range of 40,000 to 46,000. Because of some of the recent changes associated with regulatory credits and its second quarter performance, the company is increasing its guidance for adjusted EBITDA losses to ($2,000) million – ($2,250) million.

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