
Rivian Hits Profit Milestone: Q4 Earnings Reveal $170M Gross Profit and Strategic Partnerships
Electric Vehicle Maker Turns Corner With First Quarterly Profit Rivian Automotive (NASDAQ: RIVN) announced groundbreaking fourth-quarter 2024 results Thursday, achieving its first-ever quarterly gross profit of $170 million – a watershed moment for the EV startup founded in 2009. The earnings report reveals dramatic cost reductions and strategic moves positioning Rivian for long-term viability in…