Revenue grew 23% year-over-year to $1.66 billion in Q2 2026, with net loss narrowing to $833 million as gross profit losses improved and vehicle deliveries increased. Strategic investments from Volkswagen and Uber, along with a $1.3 billion equity raise, strengthened liquidity for ongoing expansion…
Revenue grew 23% year-over-year to $1.66 billion in Q2 2026, with net loss narrowing to $833 million as gross profit losses improved and vehicle deliveries increased. Strategic investments from Volkswagen and Uber, along with a $1.3 billion equity raise, strengthened liquidity for ongoing expansion and technology development.
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