Company profile
- Founded
- 2009
- Headquarters
- Irvine, United States
- Ownership
- Publicly traded
Profiles are auto-generated and infrequently updated.
The analyses
The Money Machine · Business Model
Rivian Finally Turned a Gross Profit. Read the Footnotes Before You Cheer.
Rivian booked a $170M gross profit in Q4 2024 and Wall Street called it the turn. But the milestone leaned on regulatory-credit sales and rich Tri-Motor mix, not durable unit economics. The real profitability test doesn't start until the cheap R2 sells in volume.
8 min
The Bet · Decision Forks
Rivian Has Burned $23 Billion to Find Out If It Sells Trucks or Software
Rivian's accumulated deficit hit $23.3 billion by the end of 2024, against $5.3 billion in cash. The truck business is the expensive part. The bet is that a VW joint venture worth up to $5.8 billion proves the real product was the software all along.
8 min