Rivian sacrifices 2027 profit goal to push deeper into autonomy
Rivian admitted in a regulatory filing that it is delaying its goal of reaching “positive EBITDA” next year because of how much it is spending on developing self-driving technology.
Rivian admitted in a regulatory filing that it is delaying its goal of reaching “positive EBITDA” next year because of how much it is spending on developing self-driving technology.
And the Palo Alto-based startup has raised $7.4 million to do that.
DoorDash’s 350-pound autonomous vehicle will hold your food in its robot mouth as it drives 20 miles per hour to deliver it to you.