Rivian beats Wall Street's fourth-quarter expectations, but expects lower deliveries in 2025

Rivian Automotive beat Wall Street's fourth-quarter earnings expectations and achieved its first gross quarterly profit – a target closely watched by investors – but is forecasting lower sales in 2025.The electric vehicle maker reported a gross profit, which includes production and sales but does not factor in other expenses, of $170 million during the final quarter of last year and plans to achieve another "modest gross profit" in 2025. The company has not said when it expects to be profitable on a bottom- ...