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I haven’t seen Rivian financial reports but I have on some other EV manufacturers like Ford. A lot of those have negative bottom lines because they are making l
by Tagbert 3y ago
I haven’t seen Rivian financial reports but I have on some other EV manufacturers like Ford. A lot of those have negative bottom lines because they are making large capitol expenditures on equipment and factories for batteries and production lines. You can’t just take that number and divide by the number of vehicles sold this year and say “look at the huge loss!”. That’s not how capitol investment works.