[Mike_in_Texas]

Article on cnn.com today...

Rivian shares rise, despite larger than expected loss

Electric truck maker Rivian delivered some much needed assurance to Wall Street Wednesday, even as it reported a larger than expected first quarter loss.

www.cnn.com

 

[St00k]

Yup. That's more of what I expected.

We knew losses were coming, the important thing is the company is on track!

 

[meistereder]

Loss actually beat expectations by 1 cent. It was the top line revenue that was less than expected.

 

[St00k]

Loss actually beat expectations by 1 cent. It was the top line revenue that was less than expected.

I wonder how they make that mistake.... revenue should be easy to calculate. I get profitability is harder

Every time I see a personal delivery I think: what did that tow truck cost?