Rivian warns of tariff impact

Rivian (RIVN) posted first quarter revenue of $1.24 billion, which topped the Bloomberg consensus estimate of $981.2 million. The EV-maker also reported a smaller loss than expected. However, the company did raise its capital expenditure forecast to $1.80 billion to $1.90 billion. Yahoo Finance Senior Autos Reporter Pras Subramanian reports the numbers.  To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.