Rivian delivers on Q2 revenue, expects loss to widen another $700M – TechCrunch
Rivian is holding on tight to its goal of delivering 25,000 electric vehicle by year’s end, but to get there it now anticipates to burn an extra $700 million. The automaker tucked the revised guidance on losses within its second quarter earnings report, telling investors that it expects to lose a whopping $5.45 billion in…