Rivian reported a Q3 beat with adjusted EBITDA loss of $435M vs. $591M expected. Record deliveries of 19,248, up 46% YoY. R2 became best-selling vehicle in first full quarter. FY26 delivery guidance raised to 67K-70K. Manufacturing costs fell over $12,000 sequentially. Automotive business remains unprofitable. Autonomy & AI Day set for December 9; Uber investment milestone possible by year-end.
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