Shares of Rivian Automotive (RIVN) are moving after the company unveiled its updated RI pickup truck and SUV. Pras Subramanian joins Market Domination to...
joins Market Domination to discuss the details behind the latest model, highlighting new motors, redesigned battery modules, and a new pricing strategy .Chairs of Rivian, the company unveiling its updated R one pickup truck and SUV Pro Super Romanian is here with the details.Yeah, so you know, the R one truck's been out for a while and due for a mid cycle refresh.
Yeah, you know, stock down a bit here on the top and bottom line for their Q one guidance wasn't so bad, but just really quickly here, uh Neo loss converting to dollars here, 33 cents a share wider than expected on revenue of 1.372 billion down 5% compared to a year ago on around deliveries of 30,000 units, which is down a lot compared to Q four sequentially and 1000 years or so down from last year.
A key semiconductor industry event in China attracted a smaller number of exhibitors this year, reflecting local market challenges and a desire to stay out of the limelight amid intensified US export restrictions.
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