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Rivian beats Q1 revenue estimates with software growth and Uber partnership.
Rivian reported first-quarter 2024 revenue of $1.381 billion, exceeding estimates.
While automotive revenue fell slightly, software and services revenue surged 49%.
The company posted a loss of 33 cents per share, better than expected, and announced a strategic partnership with Uber.
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Rivian supera las estimaciones de ingresos del primer trimestre con el crecimiento de software y la asociación de Uber.