Rivian sold 51,579 units in 2024, compared to 50,122 units in 2023. The brand had to adjust its sales and production targets downward in October, due to a supplier miscommunication. Rivian says ...

Rivian has cut prices on 2023/2024 R1T and R1S models, making certain upgrades essentially free. Competitors like Tesla are also slashing prices to clear inventory. Price cuts are likely to make ...

Q4 results out of Rivian and Lucid show that the electric vehicle fledglings had a tougher time producing vehicles at the end of 2022 — and that the gap between the vehicles they make and the ...

"This quarter we achieved positive gross profit and removed $31,000 in automotive cost of goods sold per vehicle delivered in Q4 2024 relative to Q4 2023," Rivian CEO RJ Scaringe said in a statement.

Both numbers represent solid improvements over Q1 2023, but they aren't quite as high as Q3 and Q4 of last year. Rivian reported vehicle production and delivery numbers for the first quarter of ...

The company said its net loss for the fourth quarter was $743 million, as compared to $1.5 billion in net losses in the same period in 2023. Rivian earned $4.5 billion in revenue for the full year ...

In fact, Rivian posted a fourth-quarter net loss of $743 million, a 51% decrease from the same period in 2023. The factory’s timeline, however, is still clouded by questions of whether President ...

“This quarter we achieved positive gross profit and removed $31,000 in automotive cost of goods sold per vehicle delivered in Q4 2024 relative to Q4 2023," Rivian CEO RJ Scaringe said in a statement ...