This statement is not helping. Lol those who are sane will know that Mainland China has a significantly higher profit margins. Just my luck vested in Tiger. A lesson meant for me to learn!
EV startup Rivian reported a third-quarter net loss of $1.2 billion
Amazon-backed electric vehicle startup Rivian Automotive Inc on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.In its first publicly reported quarterly results since it went public last month, Rivian also reported a third-quarter net loss of $1.2 billion. Rivian's shares tumbled 11% in after-hours trading after the company said it expected production to fall a few hundred vehicles short of its 2021 target of 1,200.The n