$RIVN beat Q3 expectations with 19,751 vehicles produced, yet shares fell. Deliveries surged 45% YoY to 19,248. The drag is the P&L: a thin 7.51% gross margin and $3.5B in operating losses. Seeking Alpha Quant Rating: Hold. A B- Growth score is dragged down by

$RIVN beat Q3 expectations with 19,751 vehicles produced, yet shares fell. Deliveries surged 45% YoY to 19,248. The drag is the P&L: a thin 7.51% gross margin and $3.5B in operating losses. Seeking Alpha Quant Rating: Hold. A B- Growth score is dragged down by weak Profitability. Rivian reaffirmed its 2026 guidance of 65K-70K deliveries as it scales. Beat on volume, but is the bottom line the real story? ▻