Electric Vehicle Maker Riviano. Rivian automotive, electric vehicle maker backed by amazon and ford, filed for an initial public offering on the nasdaq. Rivian has filed to go public.
According to data from pitchbook, rivian has raised more than $10bn since the beginning of 2019. That was unquestionably far better than its loss of more than $160,000 per vehicle in q4 2022, but it still has far to go.
In Q4 2023, Rivian Lost Around $40,000 For Every Vehicle Sold.
Rivian, the electric vehicle maker that has attracted huge funding from amazon and others, announced friday that it plans to go public, and one report values the company at.
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Rivian lost $426 million, or $4.35 a share, in 2019, and went on to lose $1 billion, or $10.09 a share, last year.
In July, Amazon, Through Its Climate Pledge Fund, Led A $2.5Bn Investment With.
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In Q4 2023, Rivian Lost Around $40,000 For Every Vehicle Sold.
Photo by david becker/getty images.
That Was Unquestionably Far Better Than Its Loss Of More Than $160,000 Per Vehicle In Q4 2022, But It Still Has Far To Go.
For the first six months of this year, rivian lost $994 million, or $9.84.
Its Paperwork Shows Rivian Had A $994 Million Net Loss.