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Rivian CFO Answers Questions About R2, R3X, And Profitability
During a Q+A Instagram chat with investors, Rivian CFO Claire McDonough talked about future cars as well as the partnership ...
Rivian's Georgia Facility To Be Ready In 2028, EV Exports To Foreign Markets After R2 Production Ramp, Says CFO
Claire McDonough said that Rivian's Georgia facility, where it will manufacture its R2 and R3 vehicles, is slated to come ...
Rivian Slashed R1S, R1T Production Costs By A Massive Amount
The refreshed R1S and R1T are tens of thousands of dollars cheaper to make than their predecessors.
Rivian posts $170 million 'gross profit' in Q4, sees losses decreasing as variable costs improve
Rivian reported strong fourth quarter results after the bell on Thursday and came through on its goal of posting a "gross ...
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Rivian (RIVN) confirms R2 is coming soon and will take the EV brand global
Rivian (RIVN) is betting big on its upcoming midsize R2 electric SUV. Starting at about $45,000, the R2 is about half the cost of its current R1S and R1T models. CFO Claire McDonough confirmed the ...
Rivian inches closer to profitability but warns ‘changes to government policies’ could hurt
Rivian’s cost-cutting measures have gotten it a lot closer to profitability, but the company is warning that 2025 could still ...
EV manufacturer Rivian turns gross quarterly profit for the first time
The California-based electric vehicle maker intends to complete its $5 billion plant in Georgia, despite having faced hurdles ...
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U.S. policy uncertainty weighs on Rivian as EV maker posts first quarterly gross profit
The electric automaker Rivian said Thursday it has recorded its first quarterly gross profit even as the company braces for ...
Rivian reports record-high gross profit of $170M in Q4
Electric vehicle maker Rivian reported gross revenue of $170 million in Q4 2024, which was largely due to reductions in fixed ...