Rivian stock drops despite Q2 beat; R2 launch edition conversions stronger than expected, CEO says
Rivian stock drops despite Q2 beat; R2 launch edition conversions stronger than expected, CEO says Rivian CEO RJ Scaringe told Yahoo Finance that the conversion rate of the Launch edition R2 is higher than the company's projections, indicating strong demand. Pras Subramanian · Senior Reporter Sat, A