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2021-12-18

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EV startup Rivian reported a third-quarter net loss of $1.2 billion

2021-12-18

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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639695225,"share":"https://www.laohu8.com/m/news/1130688460?lang=&edition=full","pubTime":"2021-12-17 06:53","market":"us","language":"en","title":"EV startup Rivian reported a third-quarter net loss of $1.2 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1130688460","media":"Tiger Newspress","summary":"Amazon-backed electric vehicle startup Rivian Automotive Inc on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.In its first publicly reported quarterly results since it went public last month, Rivian also reported a third-quarter net loss of $1.2 billion. 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Rivian's shares tumbled&nbsp;11% in after-hours trading after the company said it expected production to fall a few hundred vehicles short of its 2021 target of 1,200.</p>\n<p><img src=\"https://static.tigerbbs.com/b5f053cbda4fcdf13f05308db7759eef\" tg-width=\"840\" tg-height=\"618\" width=\"100%\" height=\"auto\"></p>\n<p>The new plant will employ more than 7,500 people, is scheduled to open in 2024 and will eventually build 400,000 vehicles a year, largely confirming plans previously outlined in documents filed with other states.Rivian and the state of Georgia did not disclose the tax incentives the company will receive.</p>\n<p>With a market value of almost $93 billion, Rivian made its Nasdaq debut last month in the world's biggest initial public offering of 2021. Rivian raised almost $14 billion in the IPO to fund future growth on top of the $10.5 billion it had raised privately from such investors as Amazon.com Inc&nbsp;and Ford Motor Co. Amazon owns 20% of Rivian and Ford owns about 12%.</p>\n<p>The Irvine, California-based company has struggled with the launch of its R1T pickup, R1S SUV and delivery van for Amazon as supply-chain constraints, including chip shortages, hit automakers globally.</p>\n<p>The pickup launched in September and the SUV in December, and Rivian has delivered 386 of the 652 vehicles it has built. Rivian said it plans to ship the first vans to Amazon this month.</p>\n<p>During the pandemic, the chip shortage forced automakers to curtail vehicle production and vehicle prices rose due to limited inventories. Companies are now scrambling to protect operations against the spread of the omicron variant of the coronavirus.</p>\n<p>Rivian, other startups and established automakers are racing to take on EV leader Tesla Inc&nbsp;as pressure grows in regions including China and Europe to eliminate vehicle emissions.</p>\n<p>Rivian's Georgia plant will join the one in Normal, Illinois. The company intends to eventually open plants in Europe and China. Chief Executive R.J. Scaringe previously said Rivian plans to build at least 1 million vehicles a year by the end of the decade.</p>\n<p>The Illinois plant currently has an annual capacity of 150,000 vehicles and Rivian has said it intends to increase that to 200,000 by 2023 as it adds new vehicles. Scaringe has said the company has sold out its R1 lineup into 2023.</p>\n<p>On Thursday, Rivian said that as of Dec. 15, it had about 71,000 R1T and R1S pre-orders in the United States and Canada, up from 55,400 it reported at the end of October. Ford said this month it had capped reservations for its F-150 Lightning electric pickup at 200,000.</p>\n<p>Rivian also has a contract to build 100,000 electric delivery vans for Amazon by 2025. Rivian has agreed to provide the last-mile vans exclusively to Amazon for four years, with further rights the following two years. Scaringe has stressed that Rivian still has opportunities in other segments including cargo, mid-mile, commercial van and work van.</p>\n<p>Ford and Rivian dropped plans to jointly develop an EV. Ford continues to ramp up its EV development and manufacturing, targeting global production capacity of 600,000 by late 2023.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV startup Rivian reported a third-quarter net loss of $1.2 billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV startup Rivian reported a third-quarter net loss of $1.2 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-17 06:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Amazon-backed electric vehicle startup Rivian Automotive Inc&nbsp;on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.</p>\n<p>In its first publicly reported quarterly results since it went public last month, Rivian also reported a third-quarter net loss of $1.2 billion. Rivian's shares tumbled&nbsp;11% in after-hours trading after the company said it expected production to fall a few hundred vehicles short of its 2021 target of 1,200.</p>\n<p><img src=\"https://static.tigerbbs.com/b5f053cbda4fcdf13f05308db7759eef\" tg-width=\"840\" tg-height=\"618\" width=\"100%\" height=\"auto\"></p>\n<p>The new plant will employ more than 7,500 people, is scheduled to open in 2024 and will eventually build 400,000 vehicles a year, largely confirming plans previously outlined in documents filed with other states.Rivian and the state of Georgia did not disclose the tax incentives the company will receive.</p>\n<p>With a market value of almost $93 billion, Rivian made its Nasdaq debut last month in the world's biggest initial public offering of 2021. Rivian raised almost $14 billion in the IPO to fund future growth on top of the $10.5 billion it had raised privately from such investors as Amazon.com Inc&nbsp;and Ford Motor Co. Amazon owns 20% of Rivian and Ford owns about 12%.</p>\n<p>The Irvine, California-based company has struggled with the launch of its R1T pickup, R1S SUV and delivery van for Amazon as supply-chain constraints, including chip shortages, hit automakers globally.</p>\n<p>The pickup launched in September and the SUV in December, and Rivian has delivered 386 of the 652 vehicles it has built. Rivian said it plans to ship the first vans to Amazon this month.</p>\n<p>During the pandemic, the chip shortage forced automakers to curtail vehicle production and vehicle prices rose due to limited inventories. Companies are now scrambling to protect operations against the spread of the omicron variant of the coronavirus.</p>\n<p>Rivian, other startups and established automakers are racing to take on EV leader Tesla Inc&nbsp;as pressure grows in regions including China and Europe to eliminate vehicle emissions.</p>\n<p>Rivian's Georgia plant will join the one in Normal, Illinois. The company intends to eventually open plants in Europe and China. Chief Executive R.J. Scaringe previously said Rivian plans to build at least 1 million vehicles a year by the end of the decade.</p>\n<p>The Illinois plant currently has an annual capacity of 150,000 vehicles and Rivian has said it intends to increase that to 200,000 by 2023 as it adds new vehicles. Scaringe has said the company has sold out its R1 lineup into 2023.</p>\n<p>On Thursday, Rivian said that as of Dec. 15, it had about 71,000 R1T and R1S pre-orders in the United States and Canada, up from 55,400 it reported at the end of October. Ford said this month it had capped reservations for its F-150 Lightning electric pickup at 200,000.</p>\n<p>Rivian also has a contract to build 100,000 electric delivery vans for Amazon by 2025. Rivian has agreed to provide the last-mile vans exclusively to Amazon for four years, with further rights the following two years. Scaringe has stressed that Rivian still has opportunities in other segments including cargo, mid-mile, commercial van and work van.</p>\n<p>Ford and Rivian dropped plans to jointly develop an EV. Ford continues to ramp up its EV development and manufacturing, targeting global production capacity of 600,000 by late 2023.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130688460","content_text":"Amazon-backed electric vehicle startup Rivian Automotive Inc on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.\nIn its first publicly reported quarterly results since it went public last month, Rivian also reported a third-quarter net loss of $1.2 billion. Rivian's shares tumbled 11% in after-hours trading after the company said it expected production to fall a few hundred vehicles short of its 2021 target of 1,200.\n\nThe new plant will employ more than 7,500 people, is scheduled to open in 2024 and will eventually build 400,000 vehicles a year, largely confirming plans previously outlined in documents filed with other states.Rivian and the state of Georgia did not disclose the tax incentives the company will receive.\nWith a market value of almost $93 billion, Rivian made its Nasdaq debut last month in the world's biggest initial public offering of 2021. Rivian raised almost $14 billion in the IPO to fund future growth on top of the $10.5 billion it had raised privately from such investors as Amazon.com Inc and Ford Motor Co. Amazon owns 20% of Rivian and Ford owns about 12%.\nThe Irvine, California-based company has struggled with the launch of its R1T pickup, R1S SUV and delivery van for Amazon as supply-chain constraints, including chip shortages, hit automakers globally.\nThe pickup launched in September and the SUV in December, and Rivian has delivered 386 of the 652 vehicles it has built. Rivian said it plans to ship the first vans to Amazon this month.\nDuring the pandemic, the chip shortage forced automakers to curtail vehicle production and vehicle prices rose due to limited inventories. Companies are now scrambling to protect operations against the spread of the omicron variant of the coronavirus.\nRivian, other startups and established automakers are racing to take on EV leader Tesla Inc as pressure grows in regions including China and Europe to eliminate vehicle emissions.\nRivian's Georgia plant will join the one in Normal, Illinois. The company intends to eventually open plants in Europe and China. Chief Executive R.J. Scaringe previously said Rivian plans to build at least 1 million vehicles a year by the end of the decade.\nThe Illinois plant currently has an annual capacity of 150,000 vehicles and Rivian has said it intends to increase that to 200,000 by 2023 as it adds new vehicles. Scaringe has said the company has sold out its R1 lineup into 2023.\nOn Thursday, Rivian said that as of Dec. 15, it had about 71,000 R1T and R1S pre-orders in the United States and Canada, up from 55,400 it reported at the end of October. Ford said this month it had capped reservations for its F-150 Lightning electric pickup at 200,000.\nRivian also has a contract to build 100,000 electric delivery vans for Amazon by 2025. Rivian has agreed to provide the last-mile vans exclusively to Amazon for four years, with further rights the following two years. Scaringe has stressed that Rivian still has opportunities in other segments including cargo, mid-mile, commercial van and work van.\nFord and Rivian dropped plans to jointly develop an EV. Ford continues to ramp up its EV development and manufacturing, targeting global production capacity of 600,000 by late 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699516927,"gmtCreate":1639837754559,"gmtModify":1639837754706,"author":{"id":"3577187134191659","authorId":"3577187134191659","name":"ZannFoo","avatar":"https://static.tigerbbs.com/745b0797f48f595f3b79dce1c3fe055b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Oki","listText":"Oki","text":"Oki","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699516927","repostId":"2192492868","repostType":4,"isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":174921083,"gmtCreate":1627059960342,"gmtModify":1631885361424,"author":{"id":"3577187134191659","authorId":"3577187134191659","name":"ZannFoo","avatar":"https://static.tigerbbs.com/745b0797f48f595f3b79dce1c3fe055b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a 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Brokers(TIGR)$加油⛽️⛽️⛽️⛽️⛽️⛽️","images":[{"img":"https://static.tigerbbs.com/4f8c316bde1b8fce6be3ddc6a79f88ce","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114505532","isVote":1,"tweetType":1,"viewCount":409,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":699516895,"gmtCreate":1639837775923,"gmtModify":1639837776056,"author":{"id":"3577187134191659","authorId":"3577187134191659","name":"ZannFoo","avatar":"https://static.tigerbbs.com/745b0797f48f595f3b79dce1c3fe055b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699516895","repostId":"1130688460","repostType":4,"repost":{"id":"1130688460","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639695225,"share":"https://www.laohu8.com/m/news/1130688460?lang=&edition=full","pubTime":"2021-12-17 06:53","market":"us","language":"en","title":"EV startup Rivian reported a third-quarter net loss of $1.2 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1130688460","media":"Tiger Newspress","summary":"Amazon-backed electric vehicle startup Rivian Automotive Inc on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.In its first publicly reported quarterly results since it went public last month, Rivian also reported a third-quarter net loss of $1.2 billion. Rivian's shares tumbled 11% in after-hours trading after the company said it expected production to fall a few hundred vehicles short of its 2021 target of 1,200.The n","content":"<p>Amazon-backed electric vehicle startup Rivian Automotive Inc&nbsp;on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.</p>\n<p>In its first publicly reported quarterly results since it went public last month, Rivian also reported a third-quarter net loss of $1.2 billion. Rivian's shares tumbled&nbsp;11% in after-hours trading after the company said it expected production to fall a few hundred vehicles short of its 2021 target of 1,200.</p>\n<p><img src=\"https://static.tigerbbs.com/b5f053cbda4fcdf13f05308db7759eef\" tg-width=\"840\" tg-height=\"618\" width=\"100%\" height=\"auto\"></p>\n<p>The new plant will employ more than 7,500 people, is scheduled to open in 2024 and will eventually build 400,000 vehicles a year, largely confirming plans previously outlined in documents filed with other states.Rivian and the state of Georgia did not disclose the tax incentives the company will receive.</p>\n<p>With a market value of almost $93 billion, Rivian made its Nasdaq debut last month in the world's biggest initial public offering of 2021. Rivian raised almost $14 billion in the IPO to fund future growth on top of the $10.5 billion it had raised privately from such investors as Amazon.com Inc&nbsp;and Ford Motor Co. Amazon owns 20% of Rivian and Ford owns about 12%.</p>\n<p>The Irvine, California-based company has struggled with the launch of its R1T pickup, R1S SUV and delivery van for Amazon as supply-chain constraints, including chip shortages, hit automakers globally.</p>\n<p>The pickup launched in September and the SUV in December, and Rivian has delivered 386 of the 652 vehicles it has built. Rivian said it plans to ship the first vans to Amazon this month.</p>\n<p>During the pandemic, the chip shortage forced automakers to curtail vehicle production and vehicle prices rose due to limited inventories. Companies are now scrambling to protect operations against the spread of the omicron variant of the coronavirus.</p>\n<p>Rivian, other startups and established automakers are racing to take on EV leader Tesla Inc&nbsp;as pressure grows in regions including China and Europe to eliminate vehicle emissions.</p>\n<p>Rivian's Georgia plant will join the one in Normal, Illinois. The company intends to eventually open plants in Europe and China. Chief Executive R.J. Scaringe previously said Rivian plans to build at least 1 million vehicles a year by the end of the decade.</p>\n<p>The Illinois plant currently has an annual capacity of 150,000 vehicles and Rivian has said it intends to increase that to 200,000 by 2023 as it adds new vehicles. Scaringe has said the company has sold out its R1 lineup into 2023.</p>\n<p>On Thursday, Rivian said that as of Dec. 15, it had about 71,000 R1T and R1S pre-orders in the United States and Canada, up from 55,400 it reported at the end of October. Ford said this month it had capped reservations for its F-150 Lightning electric pickup at 200,000.</p>\n<p>Rivian also has a contract to build 100,000 electric delivery vans for Amazon by 2025. Rivian has agreed to provide the last-mile vans exclusively to Amazon for four years, with further rights the following two years. Scaringe has stressed that Rivian still has opportunities in other segments including cargo, mid-mile, commercial van and work van.</p>\n<p>Ford and Rivian dropped plans to jointly develop an EV. Ford continues to ramp up its EV development and manufacturing, targeting global production capacity of 600,000 by late 2023.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV startup Rivian reported a third-quarter net loss of $1.2 billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV startup Rivian reported a third-quarter net loss of $1.2 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-17 06:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Amazon-backed electric vehicle startup Rivian Automotive Inc&nbsp;on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.</p>\n<p>In its first publicly reported quarterly results since it went public last month, Rivian also reported a third-quarter net loss of $1.2 billion. Rivian's shares tumbled&nbsp;11% in after-hours trading after the company said it expected production to fall a few hundred vehicles short of its 2021 target of 1,200.</p>\n<p><img src=\"https://static.tigerbbs.com/b5f053cbda4fcdf13f05308db7759eef\" tg-width=\"840\" tg-height=\"618\" width=\"100%\" height=\"auto\"></p>\n<p>The new plant will employ more than 7,500 people, is scheduled to open in 2024 and will eventually build 400,000 vehicles a year, largely confirming plans previously outlined in documents filed with other states.Rivian and the state of Georgia did not disclose the tax incentives the company will receive.</p>\n<p>With a market value of almost $93 billion, Rivian made its Nasdaq debut last month in the world's biggest initial public offering of 2021. Rivian raised almost $14 billion in the IPO to fund future growth on top of the $10.5 billion it had raised privately from such investors as Amazon.com Inc&nbsp;and Ford Motor Co. Amazon owns 20% of Rivian and Ford owns about 12%.</p>\n<p>The Irvine, California-based company has struggled with the launch of its R1T pickup, R1S SUV and delivery van for Amazon as supply-chain constraints, including chip shortages, hit automakers globally.</p>\n<p>The pickup launched in September and the SUV in December, and Rivian has delivered 386 of the 652 vehicles it has built. Rivian said it plans to ship the first vans to Amazon this month.</p>\n<p>During the pandemic, the chip shortage forced automakers to curtail vehicle production and vehicle prices rose due to limited inventories. Companies are now scrambling to protect operations against the spread of the omicron variant of the coronavirus.</p>\n<p>Rivian, other startups and established automakers are racing to take on EV leader Tesla Inc&nbsp;as pressure grows in regions including China and Europe to eliminate vehicle emissions.</p>\n<p>Rivian's Georgia plant will join the one in Normal, Illinois. The company intends to eventually open plants in Europe and China. Chief Executive R.J. Scaringe previously said Rivian plans to build at least 1 million vehicles a year by the end of the decade.</p>\n<p>The Illinois plant currently has an annual capacity of 150,000 vehicles and Rivian has said it intends to increase that to 200,000 by 2023 as it adds new vehicles. Scaringe has said the company has sold out its R1 lineup into 2023.</p>\n<p>On Thursday, Rivian said that as of Dec. 15, it had about 71,000 R1T and R1S pre-orders in the United States and Canada, up from 55,400 it reported at the end of October. Ford said this month it had capped reservations for its F-150 Lightning electric pickup at 200,000.</p>\n<p>Rivian also has a contract to build 100,000 electric delivery vans for Amazon by 2025. Rivian has agreed to provide the last-mile vans exclusively to Amazon for four years, with further rights the following two years. Scaringe has stressed that Rivian still has opportunities in other segments including cargo, mid-mile, commercial van and work van.</p>\n<p>Ford and Rivian dropped plans to jointly develop an EV. Ford continues to ramp up its EV development and manufacturing, targeting global production capacity of 600,000 by late 2023.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130688460","content_text":"Amazon-backed electric vehicle startup Rivian Automotive Inc on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.\nIn its first publicly reported quarterly results since it went public last month, Rivian also reported a third-quarter net loss of $1.2 billion. Rivian's shares tumbled 11% in after-hours trading after the company said it expected production to fall a few hundred vehicles short of its 2021 target of 1,200.\n\nThe new plant will employ more than 7,500 people, is scheduled to open in 2024 and will eventually build 400,000 vehicles a year, largely confirming plans previously outlined in documents filed with other states.Rivian and the state of Georgia did not disclose the tax incentives the company will receive.\nWith a market value of almost $93 billion, Rivian made its Nasdaq debut last month in the world's biggest initial public offering of 2021. Rivian raised almost $14 billion in the IPO to fund future growth on top of the $10.5 billion it had raised privately from such investors as Amazon.com Inc and Ford Motor Co. Amazon owns 20% of Rivian and Ford owns about 12%.\nThe Irvine, California-based company has struggled with the launch of its R1T pickup, R1S SUV and delivery van for Amazon as supply-chain constraints, including chip shortages, hit automakers globally.\nThe pickup launched in September and the SUV in December, and Rivian has delivered 386 of the 652 vehicles it has built. Rivian said it plans to ship the first vans to Amazon this month.\nDuring the pandemic, the chip shortage forced automakers to curtail vehicle production and vehicle prices rose due to limited inventories. Companies are now scrambling to protect operations against the spread of the omicron variant of the coronavirus.\nRivian, other startups and established automakers are racing to take on EV leader Tesla Inc as pressure grows in regions including China and Europe to eliminate vehicle emissions.\nRivian's Georgia plant will join the one in Normal, Illinois. The company intends to eventually open plants in Europe and China. Chief Executive R.J. Scaringe previously said Rivian plans to build at least 1 million vehicles a year by the end of the decade.\nThe Illinois plant currently has an annual capacity of 150,000 vehicles and Rivian has said it intends to increase that to 200,000 by 2023 as it adds new vehicles. Scaringe has said the company has sold out its R1 lineup into 2023.\nOn Thursday, Rivian said that as of Dec. 15, it had about 71,000 R1T and R1S pre-orders in the United States and Canada, up from 55,400 it reported at the end of October. Ford said this month it had capped reservations for its F-150 Lightning electric pickup at 200,000.\nRivian also has a contract to build 100,000 electric delivery vans for Amazon by 2025. Rivian has agreed to provide the last-mile vans exclusively to Amazon for four years, with further rights the following two years. Scaringe has stressed that Rivian still has opportunities in other segments including cargo, mid-mile, commercial van and work van.\nFord and Rivian dropped plans to jointly develop an EV. Ford continues to ramp up its EV development and manufacturing, targeting global production capacity of 600,000 by late 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699516927,"gmtCreate":1639837754559,"gmtModify":1639837754706,"author":{"id":"3577187134191659","authorId":"3577187134191659","name":"ZannFoo","avatar":"https://static.tigerbbs.com/745b0797f48f595f3b79dce1c3fe055b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Oki","listText":"Oki","text":"Oki","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699516927","repostId":"2192492868","repostType":4,"repost":{"id":"2192492868","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1639705346,"share":"https://www.laohu8.com/m/news/2192492868?lang=&edition=full","pubTime":"2021-12-17 09:42","market":"us","language":"en","title":"FTC initiates probe into Meta's $400 mln VR deal for Supernatural","url":"https://stock-news.laohu8.com/highlight/detail?id=2192492868","media":"Reuters","summary":"The U.S. Federal Trade Commission has initiated an in-depth probe of Meta Platform Inc's $400 millio","content":"<p>The U.S. Federal Trade Commission has initiated an in-depth probe of Meta Platform Inc's $400 million deal for the developer of Supernatural, a virtual reality <a href=\"https://laohu8.com/S/VR\">$(VR)$</a> based fitness app, a move that is expected to slow down its completion, news portal The Information reported&nbsp;on Thursday.</p>\n<p>Meta may not be able to finalize the acquisition for another year following FTC's probe that started shortly after Thanksgiving Day last month, the report said, citing two people with knowledge of the situation.</p>\n<p>The report added the probe on Meta's Supernatural deal appears to be part of FTC Chair Lina Khan's mission to make sure big technology companies don't illegally shut out the next generation of competitors in emerging computing platforms.</p>\n<p>Meta and FTC did not immediately respond to Reuters request for comment outside business hours.</p>\n<p>On Oct. 28, Facebook, the world's largest social media network, changed its name to Meta as it planned to refocus on VR and building the \"metaverse,\" a shared virtual environment that it bets will be the successor to the mobile internet.</p>\n<p>Meta has invested heavily in virtual and augmented reality, developing hardware including its Oculus VR headsets, and is working on AR glasses and wristband technologies and have bought a bevy of VR gaming studios, including BigBox VR.</p>\n<p>(Reporting by Mrinmay Dey in Bengaluru; Editing by Rashmi Aich)</p>\n<p>((Mrinmay.Dey@thomsonreuters.com;))</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FTC initiates probe into Meta's $400 mln VR deal for Supernatural</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFTC initiates probe into Meta's $400 mln VR deal for Supernatural\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-12-17 09:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The U.S. Federal Trade Commission has initiated an in-depth probe of Meta Platform Inc's $400 million deal for the developer of Supernatural, a virtual reality <a href=\"https://laohu8.com/S/VR\">$(VR)$</a> based fitness app, a move that is expected to slow down its completion, news portal The Information reported&nbsp;on Thursday.</p>\n<p>Meta may not be able to finalize the acquisition for another year following FTC's probe that started shortly after Thanksgiving Day last month, the report said, citing two people with knowledge of the situation.</p>\n<p>The report added the probe on Meta's Supernatural deal appears to be part of FTC Chair Lina Khan's mission to make sure big technology companies don't illegally shut out the next generation of competitors in emerging computing platforms.</p>\n<p>Meta and FTC did not immediately respond to Reuters request for comment outside business hours.</p>\n<p>On Oct. 28, Facebook, the world's largest social media network, changed its name to Meta as it planned to refocus on VR and building the \"metaverse,\" a shared virtual environment that it bets will be the successor to the mobile internet.</p>\n<p>Meta has invested heavily in virtual and augmented reality, developing hardware including its Oculus VR headsets, and is working on AR glasses and wristband technologies and have bought a bevy of VR gaming studios, including BigBox VR.</p>\n<p>(Reporting by Mrinmay Dey in Bengaluru; Editing by Rashmi Aich)</p>\n<p>((Mrinmay.Dey@thomsonreuters.com;))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"III":"信息服务","BK4134":"信息科技咨询与其它服务"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2192492868","content_text":"The U.S. Federal Trade Commission has initiated an in-depth probe of Meta Platform Inc's $400 million deal for the developer of Supernatural, a virtual reality $(VR)$ based fitness app, a move that is expected to slow down its completion, news portal The Information reported on Thursday.\nMeta may not be able to finalize the acquisition for another year following FTC's probe that started shortly after Thanksgiving Day last month, the report said, citing two people with knowledge of the situation.\nThe report added the probe on Meta's Supernatural deal appears to be part of FTC Chair Lina Khan's mission to make sure big technology companies don't illegally shut out the next generation of competitors in emerging computing platforms.\nMeta and FTC did not immediately respond to Reuters request for comment outside business hours.\nOn Oct. 28, Facebook, the world's largest social media network, changed its name to Meta as it planned to refocus on VR and building the \"metaverse,\" a shared virtual environment that it bets will be the successor to the mobile internet.\nMeta has invested heavily in virtual and augmented reality, developing hardware including its Oculus VR headsets, and is working on AR glasses and wristband technologies and have bought a bevy of VR gaming studios, including BigBox VR.\n(Reporting by Mrinmay Dey in Bengaluru; Editing by Rashmi Aich)\n((Mrinmay.Dey@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":174921083,"gmtCreate":1627059960342,"gmtModify":1631885361424,"author":{"id":"3577187134191659","authorId":"3577187134191659","name":"ZannFoo","avatar":"https://static.tigerbbs.com/745b0797f48f595f3b79dce1c3fe055b","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TMO\">$Thermo Fisher Scientific(TMO)$</a>[Miser]&nbsp;六百等着你","listText":"<a href=\"https://laohu8.com/S/TMO\">$Thermo Fisher Scientific(TMO)$</a>[Miser]&nbsp;六百等着你","text":"$Thermo Fisher Scientific(TMO)$[Miser] 六百等着你","images":[{"img":"https://static.tigerbbs.com/5bd7bba6f66698893edb507389b89856","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/174921083","isVote":1,"tweetType":1,"viewCount":648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"lives":[]}