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Rivian's Q2 2024 Earnings Call

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Description:

In this episode of Kilowatt, we dissect Rivian's Q2 2024 earnings call, highlighting CFO Claire McDonough's overview of production metrics and a $451 million gross profit loss. Despite challenges, Rivian aims for cost reduction and profitability by Q4 2024. We explore Rivian's joint venture with Volkswagen, as well as the expansion of electric delivery vans beyond Amazon. CEO RJ Scaringe discusses brand strength in the premium segment and potential benefits from regulatory credit sales, offering insights into Rivian's challenges and growth strategies in the evolving EV market.


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Beyond the Post:

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Support this show http://supporter.acast.com/kilowatt.

Support the show at https://plus.acast.com/s/kilowatt.



Hosted on Acast. See acast.com/privacy for more information.

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537 episode

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iconBagikan
 
Manage episode 436424866 series 1402171
Konten disediakan oleh 918Digital. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh 918Digital atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

Description:

In this episode of Kilowatt, we dissect Rivian's Q2 2024 earnings call, highlighting CFO Claire McDonough's overview of production metrics and a $451 million gross profit loss. Despite challenges, Rivian aims for cost reduction and profitability by Q4 2024. We explore Rivian's joint venture with Volkswagen, as well as the expansion of electric delivery vans beyond Amazon. CEO RJ Scaringe discusses brand strength in the premium segment and potential benefits from regulatory credit sales, offering insights into Rivian's challenges and growth strategies in the evolving EV market.


Support the Show:

Beyond the Post:

News:

Support this show http://supporter.acast.com/kilowatt.

Support the show at https://plus.acast.com/s/kilowatt.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

537 episode

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