Rivian Posts First Gross Profit

EV manufacturer Rivian turns gross quarterly profit for the first time
The California-based electric vehicle maker intends to complete its $5 billion plant in Georgia, despite having faced hurdles in doing so.
Rivian (RIVN) eyes first positive gross profit in Q4: Here’s what to expect from its earnings
Rivian (RIVN) will report fourth-quarter earnings Thursday after the market closes. Although the EV maker aggressively cut costs last
Rivian reports gross profit in 2024 Q4 fiscal year earnings
The Electric Vehicle manufacturer garnered $170 million in gross profit in the last few months of the year, but still ended 2024 with a net loss of $4.74 billion. Though a large loss, it is better than how the company ended 2023 with a loss of $5.34 billion.
Rivian reports first quarter of ‘positive gross profit’
Rivian reported $170 million in positive gross profits, which includes production and sales but does not factor in other expenses, for the three-month period that ended December 3
Rivian (RIVN) hit its gross profit goal in Q4, now what?
Rivian (RIVN) hit its goal of achieving a positive gross profit in the fourth quarter. The EV maker released its fourth-quarter earnings after the market closed on Thursday. Here’s a full breakdown of Rivian’s Q4 2024 financials.
US policy uncertainty weighs on Rivian as EV maker posts first quarterly gross profit
The electric automaker Rivian said Thursday it’s recorded its first quarterly gross profit even as the company braces for potential U.S. policy changes on incentives, tariffs and regulations that could bring “hundreds of million of dollars” in financial impact.
PCMag on MSN1d
Future of Rivian R2, R3 Unclear if Trump Revokes $6.6 Billion Georgia Plant Loan
Rivian's newest and most affordable vehicles may be in trouble amid uncertainty over whether the Trump administration will ...
Trump’s Budget Cuts Threaten Biden’s $6.6B Rivian Loan For EV Factory
The planned Rivian factory will have the ability to produce up to 400,000 EVs each year. Rivian plans to start production at ...
Crain's Chicago Business12h
Rivian reports big net loss in Q4 and issues a sobering forecast
Rivian Automotive reported a fourth-quarter net loss of $744 million on mostly flat sales but delivered on its forecast for a ...
24/7 Wall St. on MSN1d
I Have $30K to Invest, But I'm Stuck Between Tesla and Rivian—Which One Wins?
The electric vehicle industry is growing at a rapid pace. The U.S. saw a 7% jump in EV sales last year and despite soaring ...
autobodynews1d
Rivian’s $6.6 Billion Federal Loan for New Plant Uncertain Amid Funding Freeze
The loan, approved under the previous administration in late 2024, could be affected by a memo released in January that ...
Gary Black Left Unimpressed By Rivian's Earnings : Calls 2025 Guidance 'Clearly Weak'
Rivian Automotive Inc. shares rose over 5% in after-hours trading Wednesday before pulling back, despite delivering ...
CarBuzz on MSN8d
Rivian Is Teasing Something, But There Are Too Many Possibilities To Know What
Rivian says "something's shifting on the horizon." This could be the long-awaited R1X... Or something else entirely.
Fate of Rivian’s $6.6 billion federal loan—secured in the dying hours of the Biden administration—now hangs in the balance
Brian Kemp said he didn’t know whether the Trump administration would honor the contracts of the Biden administration in a ...
MKBHD Joins Guessing Game After Rivian Teases 'Mirage' Event For Feb. 19: What's Going On?
California-based EV startup Rivian Automotive on Tuesday released a series of teaser images, accompanied by the message "a ...