REE Automotive (NASDAQ:REE) reported quarterly losses of $(0.80) per share which beat the analyst consensus estimate of $(0.97) by 17.53 percent. This is a 74.6 percent increase over losses of $(3.15) per share from the same period last year. The company reported $12.00 thousand in sales this quarter. This is a 97.36 percent decrease over sales of $455.00 thousand the same period last year.