Rivian posts wider-than-expected Q1 loss

Rivian Automotive (RIVN) posted a wider-than-expected loss in the first quarter. The EV maker reported an adjusted loss of $1.24 per share, which was more than the $1.15 loss analysts were expecting. Revenue of $1.20 billion was in line with expectations of $1.18 billion. 

Yahoo Finance's Pras Subramanian beaks down Rivian's Q1 results.

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This post was written by Stephanie Mikulich.