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Rivian earnings: EV maker achieves Q1 gross profit, but sees at least $150M capex rise fueled by tariffs

Yahoo Finance
Summary
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76% Informative

Rivian reported better-than-expected first quarter results on Tuesday .

Company reported revenue of $1.240 billion vs. $981.21 million estimated by Bloomberg .

Rivian stock was down slightly in after-hours trade following the announcement.

President Trump 's tariffs on auto parts will push the pure-play EV maker's capital expenditures higher.

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formal

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English

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55

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