Rivian Revenue Rises 38% as R2 Sales Drive Growth
Rivian officials said the R2 is already the company’s bestselling vehicle. The automaker posted a net loss of $913 million.
By Patrick GeorgeThe Rivian R2 is doing its job.The new SUV is already the California-based startup's bestselling vehicle, Rivian officials said. The R2's sales momentum drove the company to a 38% year-over-year increase in revenue. Still, the automaker posted a net loss of $913 million in the thir…