Category: Finance
Rivian Automotive's shares fell significantly following mixed earnings results and disappointing 2025 guidance. The company reported a gross profit of $170 million for Q4, marking its first positive figure, but projected an EBITDA loss of $1.7 to $1.9 billion for the full year. Additionally, Rivian announced a recall of over 17,000 vehicles due to a headlight issue, which could impact its financial performance.
Keywords: Rivian Automotive, stock market, electric vehicles
Update At: 2/22/2025