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 ...
After strong demand, Rivian will offer second-gen R1S SUV and R1T pickup owners its Performance upgrade through its upcoming 2025.06 software update. Rivian’s head of software, Wassym Bensaid ...
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 ...
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 has announced a new “California Dune Edition” version of its new Tri-Motor R1, in a special color and with an options package focused on off-road performance. Last week, Rivian sent out ...
Rivian Automotive’s (RIVN) electric SUV and pickup truck models look great, but its stock value isn’t as alluring. The company’s shares have been down 90% since its IPO in 2021. With ...
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