Rivian's Future Rides on R2 as R1 Demand Falls Flat
Core Insights - Rivian's sales are projected to remain stagnant in 2025, with no expected growth in vehicle deliveries [1] - The company reported a gross profit in Q4 2024, but this is overshadowed by significant challenges ahead [1] - Demand for Rivian's vehicles is currently below production capacity, indicating potential issues in market acceptance [1] - The future of Rivian heavily relies on the upcoming R2 model, which is set to begin production next year [1] - Rivian is awaiting a Department of Energy loan to finance the construction of a new manufacturing plant [1]