--- title: "Rivian loses $1.45 billion as cost-cutting measures continue" url: https://daily.dev/posts/rivian-loses-1-45-billion-as-cost-cutting-measures-continue-gw4f4u4ho source_url: https://techcrunch.com/2024/05/07/rivian-q1-2024-earnings-results-profit/ type: article source: "TechCrunch" published: 2024-05-07T20:22:41.196Z updated: 2024-05-09T08:39:06.345Z tags: ["revenue"] reading_time: 1 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Rivian loses $1.45 billion as cost-cutting measures continue **[TechCrunch](https://daily.dev/sources/tc)** · 1 min read · 0 upvotes · 0 comments ## Summary Rivian lost $1.45 billion in the first quarter and generated $1.2 billion in revenue. The company plans to produce a similar number of EVs as in 2023. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Don’t just attend KubeCon \+ CloudNativeCon, Merge Forward your experience\!](https://daily.dev/posts/don-t-just-attend-kubecon-cloudnativecon-merge-forward-your-experience--l0rpp73x8) · CNCF · 0 upvotes · 0 comments - [Announcing H2 2026 KCDs](https://daily.dev/posts/announcing-h2-2026-kcds-m96goajm1) · CNCF · 1 upvotes · 0 comments - [Two months of Open Community Groups](https://daily.dev/posts/two-months-of-open-community-groups-asf52zhbs) · CNCF · 0 upvotes · 0 comments - [CNCF Unveils Schedule for KubeCon \+ CloudNativeCon Europe 2026](https://daily.dev/posts/cncf-unveils-schedule-for-kubecon-cloudnativecon-europe-2026-ikhcoa5cb) · CNCF · 2 upvotes · 0 comments - [CNCF Debuts KubeCon \+ CloudNativeCon Japan 2026 Schedule](https://daily.dev/posts/cncf-debuts-kubecon-cloudnativecon-japan-2026-schedule-xp5pyudub) · CNCF · 1 upvotes · 0 comments --- Tags: [#revenue](https://daily.dev/tags/revenue) [View this post on daily.dev](https://daily.dev/posts/rivian-loses-1-45-billion-as-cost-cutting-measures-continue-gw4f4u4ho)