Rivian (RIVN) Is Up 6.5% After Unveiling Gen 2 Cost Cuts And CEO Megapayout Plan

Simply Wall St.12-03 19:18

Rivian recently outlined plans to cut material costs by 45% with its Gen 2 platform by 2026, target positive adjusted EBITDA by 2027, and expand production capacity by 400,000 vehicles at a new ...

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