Rivian Reports Q4 2022 Earnings, Shares Future Plans

Rivian Reports Q4 2022 Earnings, Shares Future Plans #1_on_Trending #EV #ElectricVehicle #EVPedia #InsideEVs FAIR-USE COPYRIGHT DISCLAIMER: Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. Rivian reported its Q4 2022 and full-year earnings this week, and it failed to meet earnings expectations based on the consensus from Wall Street. While the company has struggled with much adversity over the years, it's looking forward to 2023 and beyond with grand plans. Rivian's revenue came in a $663 million compared to the ~$742 million that Wall Street analysts forecasted. Meanwhile, the US electric truck maker upped its earnings per share to $1.73. Again, Wall Street expected even more success, predicting $1.94 per share. As expected, Rivian suffered massive overall losses yet again, though they weren't nearly as...

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