Key Points Rivian dropped its profit guidance after ramping up investments in AI and autonomous tech. Rivian's pivot sets the company up better for long-term growth. 10 stocks we like better than Rivian Automotive › For years, Rivian (NASDAQ: RIVN) marched closer and closer to profitability. Its progress on that front was impressive, given how difficult it is to scale a capital-intensive electric vehicle (EV) manufacturing business from scratch. In the fourth quarter of 2024, Rivian posted positive gross margins for the first time in its history.
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