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Except that the DOE loan was for 465m. If they lost 1.7m in the quarter then the DOE loan wouldn't even be 1 month of operations. Even with inflation, the loan
by jacobkranz 4y ago
Except that the DOE loan was for 465m. If they lost 1.7m in the quarter then the DOE loan wouldn't even be 1 month of operations. Even with inflation, the loan they received wouldn't touch the losses rivian has been having.
I do love their trucks and hope they succeed though
- delusional 4y agoTo anyone else confused while reading this. They lost 1.7 BILLION, the author of this comment mistakenly wrote 1.7 million. It's a simple typo.