Rivian reports earnings Wednesday here’s what we learned after 3 rivals reported last week

Rivian reports earnings Wednesday here’s what we learned after 3 rivals reported last week

Electric-vehicle maker will report its first-quarter earnings after market close on Wednesday. Wall Street analysts polled by Refinitiv expect a loss of $1.44 per share on revenue of about $130.5 million – but those numbers are likely to be just a small part of the story. The bigger story is Rivian's outlook for the next few quarters. Like most automakers, Rivian has been struggling with global supply chain disruptions that began during initial Covid-19 lockdowns and have been exacerbated since Russia invaded Ukraine in February. CEO RJ Scaringe that Rivian wouldn't be able to produce as many vehicles in 2022 as it had originally planned, despite a swelling order book. The electric truck maker may also face questions about whether its largest investors — and — are losing confidence. Rivian's shares slid over 15% on Monday following a CNBC report that of its total 102 million shares of the start-up. Here are three themes that may come up in Rivian's results, if reports last week from high-profile companies in the EV space — , , and — offer any guidance. Demand for all kinds of EVs is very strong Fisker, Nikola and Lucid all reported strong order books when they