Pivotal Point Tracking Rivian Automotive (RIVN): Reduced Net Loss and $1.56 Billion Quarterly Revenue Propel E-Truck Specialist Up by 23%!
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The electric vehicle manufacturer focuses on the development and sale of electric pickup trucks, SUVs, and vans, including custom-built vehicles for Amazon. Rivian benefits from the global trend towards e-mobility and the growing demand for high-performance, sustainable vehicles in the premium segment as well as in commercial fleet logistics. Its own "skateboard" platform serves as the technological foundation that enables efficient production of various models. On November 5, the stock jumped by 23% following the release of third-quarter numbers....
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