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Rivian is focused on finding other sources of rare earth materials and magnets, says CEO RJ Scaringe
Rivian AutomotiveRivian Automotive(US:RIVN) Youtubeยท2025-11-04 23:10

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 ...