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-0.000562113546936369 0 0.000562113546936569 0.00224845418774608 0.00046655424395739 -0.00168634064080931 -0.00393479482855518 -0.00112422709387294
Stock impact report

Rivian finds a way to shine even as the EV market struggles in the dark [Los Angeles Times (CA)]

Rivian Automotive, Inc. (RIVN) 
The shares of the Irvine-based high-end EV manufacturer skyrocketed 27% on Friday after it announced stronger-than-expected results, indicating that, after years of struggling with losses, it may have at last found a path to profitability. On Thursday, Rivian reported gross profits for 2025 of $144 million, compared with a net loss in 2024 of $1.2 billion. In its earnings release, Rivian credited the swing to gross profit to “strong software and services performance, higher average selling prices, and reductions in cost per vehicle.” Last October, it laid off roughly 600 employees, more than 4% of its workforce. Rivian delivered 42,247 vehicles in 2025 and produced 42,284 vehicles. The company still reported a $432-million net loss for the year for automotive profits, an improvement from 2024. “It's a turnaround for the ages,” said Dan Ives, an analyst with Wedbush Securities. “The past few years have been very frustrating for investors .” Rivian was founded in Florida in Show less Read more
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