Rivian is focused on finding other sources of rare earth materials and magnets, says CEO RJ Scaringe
Well, Rivian results are out and Phil Leau has the numbers for us. Hi, Phil. >> Hi, Morgan.Take a look at shares of Rivian up around 3%. Why. Well, the company reported better than expected results.A smaller thanex expected loss of 65 cents a share. The street was expecting a loss of 72 cents a share. Revenue coming in slightly better than expected at 1.56% billion.It reported a gross profit for the third quarter. Not a big one, but a gross profit of $24 million. That is three out of the last four quarters ...