Rivian – Ground Reality

Rivian inches closer to profitability but warns ‘changes to government policies’ could hurt | TechCrunch

lakhtar3353 weeks ago07 mins

Rivian’s cost-cutting measures have gotten it a lot closer to profitability, but the company is warning that 2025 could still be a challenging year — especially because of the whorl of uncertainty caused by the new Trump administration. The company announced Thursday its fourth-quarter and full-year 2024 financial results, and along with it, shared plans…

Rivian posts 0 million ‘gross profit’ in Q4, sees losses decreasing as variable costs improve

Rivian posts $170 million ‘gross profit’ in Q4, sees losses decreasing as variable costs improve

lakhtar3353 weeks ago07 mins

Rivian (RIVN) reported strong fourth quarter results after the bell on Thursday and came through on its goal of posting a “gross profit” for the quarter, with a smaller-than-expected full-year 2024 EBITDA (earnings before interest, taxes, depreciation, and amortization) loss to boot. The company also sees a smaller loss in 2025 compared to a year…