Rivian Reported A Smaller-Than-Expected Q3 Loss

Rivian Reported A Smaller-Than-Expected Q3 Loss

Rivian posted a smaller Q3 loss than expected and grew revenue 78 year over year on 13,000+ EV deliveries, helped by buyers rushing to secure expiring tax credits. The company cut per-vehicle costs by nearly $19,000, while warning that tariffs and reduced incentives will pressure margins. CEO RJ Scaringe said the upcoming R2 midsize SUV remains Rivian’s core focus.


User: Benzinga

Views: 7

Uploaded: 2025-11-06

Duration: 00:48