Rivian to report Q1 earnings as EV maker cuts costs, prepares new models

Rivian set to report Q1 earnings amid cost cuts and new model plans πŸ”‹ Analysts anticipate continued cash burn despite recent incentives πŸ’Έ #EV #Rivian

While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still expect it to burn through billions in cash this year.

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