gross profit
Why Tesla’s high-growth Energy unit could be another Amazon Web Services
Business
Jessica Roberts
As Tesla (TSLA) stock slumps post earnings on concern over profitability and new product reveals, one part of the business is surging: ...
Why Rivian Stock Popped Tuesday
Business
Jessica Roberts
Shares of Rivian Automotive (NASDAQ: RIVN) jumped today after one Wall Street analyst began coverage and reinforced some positive projections from the ...
Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit
Business
Jessica Roberts
By Abhirup Roy NORMAL, Illinois (Reuters) -Electric-vehicle maker Rivian’s drive to cut costs and turn its first profit has removed over 100 ...
Rivian reports mixed Q1 results but trims capex forecast and sees Q4 ‘gross profit’
Business
Jessica Roberts
Rivian (RIVN) reported mixed quarterly results for the first quarter, but will see further cost savings from shifting its upcoming R2 production ...