Rivian says cost cuts will make a difference for the balance of 2024.Rivian Automotive (RIVN -3.28%) didn't hit investors with any major surprises in the second-quarter update it released Tuesday night. But apparently, that was a problem for some who wanted more.Rivian shares dropped sharply in early trading Wednesday. After bouncing back from a 10% fall, the stock was trading lower by 3.8% at 11 a.m. ET.Demand and cost cuts are driving RivianInvestors were disappointed with an adjusted loss that was bigger ...