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#profitability

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Rivian revised its 2025 goals, lowering vehicle delivery expectations and raising capital expenditure forecasts due to rising tariffs on auto parts. Despite reporting a Q1 gross profit of $206 million and reducing manufacturing costs, the company faces negative free cash flow and increasing market challenges.

#Rivian #EVIndustry #Tariffs #Profitability #CashFlow #ElectricVehicles #TECHi

Read Full Article Here :- techi.com/rivian-modifies-expe