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Rivian's $170 Million Quarterly Profit Marks A Turning Point

  • Electric vehicle startup Rivian reported its first-ever positive gross quarterly profit.
  • The company made $170 million in gross profits in Q4 2024, a significant improvement from $600 million in losses during the same period in 2023.
  • Rivian earned $299 million in revenue from selling regulatory credits to other automakers in the same quarter.
  • The company expects moderate profitability in 2025 but warns of potential challenges like changes to government policies and regulations.

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