Rivian reports Q3 net loss of $1.1 billion after sales, production slide
Rivian retooled its Normal, Ill., assembly lines to make mechanical changes to the R1T and R1S to save money. “This has been a tough quarter for us because of some of the supplier-ramp challenges,” CEO RJ Scaringe said on the Nov. 7 earnings call. (LAURENCE ILIFF/AUTOMOTIVE NEWS)
