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Rivian Hits Gross Profit Again, Eyes R2 and Autonomy in 2025
Rivian just released its Q1 2025 shareholder letter, giving us a clearer picture of where the company stands heading into the rest of the year. While deliveries were down, there’s a lot to like—especially on the profitability front, progress on the upcoming R2, and some major financial backing now locked in. The company will share more details during its investor earnings call today at 2PM PT (5PM ET). Here’s a breakdown of the most important takeaways. Rivian Just Hit Gross Profit…