Rivian, the buzzy electric vehicle company backed by Ford and Amazon, reported a net loss of $1.71 billion in the second quarter of 2022 based on $364 million in revenue. It’s a sign that Rivian’s business is picking up speed, albeit slowly compared to the previous quarter in which Rivian reported a net loss of $1.59 billion based on $95 million in revenue.
The earnings report was a disappointing sign from the EV maker that was founded on a promise to upend the auto industry with…
