PREVIEW: Rivian rallies; analysts see sluggish revenue growth
** Shares of Rivian Automotive Inc RIVN.O rallying 1% on Tuesday ahead of electric car maker's quarterly report after the bell, with analysts expecting a massive drop in revenue growth for the period
** RIVN shares lost ground in Wall Street's recent selloff but remain up ~25% since June 25 when Volkswagen Group VOWG_p.DE said it would invest up to $5 bln in the company as it struggles with dwindling cash, increased competition, and slowing demand
** RIVN shut down anassembly line to improve efficiency, hitting output for the quarter
** In Q1, RIVN had a gross loss of $38,784/vehicle it delivered
** Analysts on average expect Q2 revenue up 1.6% to $1.14 bln, compared to 82% revenue growth in previous quarter - LSEG
** Adj. loss/shr seen at $1.21 vs $1.08 a year-ago
** Analysts see company reporting loss of $1.3 bln for Q2
Reporting by Noel Randewich
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