
Rivian Reaches Major Milestone: A Game-Changing Moment for the Electric Vehicle Startup and Its Soaring Stock
Rivian Automotive’s Impressive First Quarter Performance Rivian Automotive Inc., the California-based electric vehicle (EV) manufacturer, recently reported its first quarterly gross profit and exceeded Wall Street’s expectations for sales. This significant milestone comes after the company’s much-anticipated launch of the R1T pickup truck and R1S SUV in September 2021. Financial Highlights In its Q1 2022…