Rivian’s Q2 numbers are flying — revenue hit $1.66B, smashing Wall Street’s expectations with a 27.2% year-over-year surge. Loss per share also beat forecasts, and their full-year EBITDA guidance improved to a projected $1.9B loss — tighter margins and rising sales volume signal real progress. CEO RJ Scaringe is bullish, especially on the new R2 model and record demo drive interest. Analysts project 65% revenue growth over the next year, pointing to strong momentum — but with losses still bleeding, the next few quarters will decide if Rivian can turn the corner toward profitability.
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