MartinAustin
Active Member
Elon told 'em in public... "don't build the 2nd factory until you have optimised the 1st factory." But did Rivian listen? Oh, no...Rivian reported earnings. Revenue is flat, however huge improvements on COGS which dropped their negative gross income by almost half a billion QOQ. Step in the right direction, but still half a billion dollars away from breaking even prior to operating expenses.