From NASDAQ MarketSite: 2025-04-17 09:15:00

Shares of Rivian Automotive (NASDAQ: RIVN) have plummeted 90% from their peak and are down 30% in 2025. Despite the negative sentiment, Rivian is still in the game. The company has $7.5 billion in cash, is operating at scale, and achieved a modest gross profit in Q4 2024, signaling progress towards profitability.

Rivian has faced a steep decline in its stock price due to changing investor sentiment towards EV stocks. However, the company is making strides in its business, with a focus on achieving key milestones and maintaining a healthy balance sheet. Rivian’s commitment to growth and profitability sets it apart in the EV market.

Rivian’s ability to produce cars at scale and achieve a modest gross profit in Q4 2024 demonstrates its operational progress. Despite challenges, the company is moving forward with its goals for 2025, aiming to sustainably increase its gross profit and work towards positive earnings. Rivian’s continued growth potential makes it an attractive option for investors.



Read more at NASDAQ MarketSite: 3 Reasons to Buy Rivian Stock Like There’s No Tomorrow