EV maker achieves a 'sizeable' beat on gross profit, but stock falls as outlook disappoints Rivian Automotive Inc. made good on its promise to get to its first quarterly gross profit and blew past ...
Rivian is preparing to introduce a hands-free driver-assistance system to its vehicles in the coming weeks, according to CEO R.J. Scaringe. Speaking during the company’s fourth-quarter earnings ...
Rivian reported positive gross margins for the first time in the fourth quarter. The upcoming R2 vehicle can help Rivian expand its addressable market effectively. Rivian is also focused on ...
Share prices of electric vehicle manufacturer Rivian (NASDAQ: RIVN) are up almost 40% from their all-time low in April 2024. Although an impressive run-up, it is still nearly 36% lower than its 52 ...
Rivian ended last year by sharply increasing its revenue and posting a gross profit for the first time in the company’s history, although the electric vehicle startup still has a long journey ...
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. The company posted a smaller-than-expected ...
Rivian's Q4 report showed revenue of $1.73 billion, up 32% YoY, was but heavily reliant on regulatory credit revenue for growth. Despite achieving a gross profit of $170 million, Rivian's core ...
Volkswagen and Rivian are teaming up on an ultra-cheap EV, and once again, Americans can only stare across the Atlantic in envy. After several months of teasing, Volkswagen unveiled the ID.EVERY1 ...
Rivian plans to unlock more performance and range in an upcoming software update. These paid features are exclusively offered to second-generation R1T and R1S vehicles. The enhancements will roll ...
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 ...
Rivian CEO RJ Scaringe could finally point to a gross profit at his core automotive business in the fourth quarter, a milestone achievement for the company. But whether he can maintain that into ...