Brief: Ree Automotive Announces Fourth Quarter And FY24 Earnings Results
15/05/2025 12:39
May 15 (Reuters) - REE Automotive Ltd REE.O: REE AUTOMOTIVE ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2024 EARNINGS RESULTS REE AUTOMOTIVE LTD - REPORTS Q4 NON-GAAP NET LOSS OF $19.8 MILLION REE AUTOMOTIVE: UNCERTAINTY BY U.S. TARIFFS HAS MADE QUEST TO RAMP OWN PRODUCTION MORE CHALLENGING AND RISKY REE AUTOMOTIVE: DECIDES TO IMPLEMENT A TEMPORARY PAUSE TO PRIOR PRODUCTION PLANS WHILE WE MONITOR ONGOING MANUFACTURING AND SUPPLY CHAIN CONDITIONS Source text: ID:nGNX3KbB8d Further company coverage: REE.O ((Reuters.Briefs@thomsonreuters.com;))