Rivian Automotive (NASDAQ:RIVN) reported quarterly losses of $(0.48) per share which beat the analyst consensus estimate of $(0.87) by 44.83 percent. This is a 67.57 percent increase over losses of $(1.48) per share from the same period last year. The company reported quarterly sales of $1.24 billion which beat the analyst consensus estimate of $1.00 billion by 23.39 percent. This is a 2.99 percent increase over sales of $1.20 billion the same period last year.