With a Net Loss of 2.5 billion USD, Analysts Dubbed Rivian’s Q4 2021 as “Unimpressive”

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Source: Dreamstime | Author: DeltaStock

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Rivian Automotive – one of the latest EV makers to hit the market, has seen a rough fiscal 2021, marred by wider-than-expected losses, supply-chain issues and rising commodity costs. The disappointing news briefly sent its stock down 10% in after-hours trading last Thursday, with the price continuing to slump further at the time of writing this article.

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