Blink narrows Q1 loss to 6 cents and beats estimates as costs fall and service revenues surge, but $20.8M sales miss signals mixed execution.
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Blink narrows Q1 loss to 6 cents and beats estimates as costs fall and service revenues surge, but $20.8M sales miss signals mixed execution.
Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) both closed the books on Q1 FY2026, and the contrast is impossible to ignore. Tesla posted $22.39 billion in revenue with an automotive gross margin of 21.1%. Rivian delivered $1.381 billion while its automotive segment slipped to a $62 million gross loss. Same industry, very different chapters. AI ... Tesla Surges on AI, Rivian Struggles to Stay Afloat
SpaceX could soon raise $50 billion to $75 billion in fresh capital.