Financial PerformanceRIVN reported lower than expected revenues, coming in at $874mn vs Cons of $1,028 and MSe of $944mn.
Market Demand And Policy UncertaintyThere is uncertainty due to potential changes in government policy regarding the Passenger EV tax credit, which could impact future demand.
Production And Supply Chain IssuesOngoing supply shortage will cast doubt on RIVN's ability to reach gross margin positive.