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Rivian's stock turns higher after EV maker raises production guidance

Por: MarketWatch Politics August 08, 2023

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They highlighted Rivian’s cost-savings steps and the goal of turning a gross profit next year, reassured investors about continued demand for their pricey EVs, and highlighted the higher production outlook for the year. At last check, the stock was up 1% after hours. Rivian “achieved meaningful reductions” in its vehicles, including its last-mile electric delivery van, “across key components, including material costs, manufacturing... + full article



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