Group 1 - Rivian Automotive's share price has decreased approximately 82% from its IPO price since its initial public offering in November 2021 [1] - The company is expected to achieve a gross profit for the full year of 2025, having already reported gross profits in two of the first three quarters of that year [2] - Rivian's significant goal for 2026 is to launch the mass-market electric vehicle, the R2, which is crucial for its long-term profitability [4] Group 2 - Achieving a gross profit does not equate to positive earnings, as Rivian still incurs additional costs beyond production [5] - The successful launch and reception of the R2 is essential for Rivian to spread its costs over a larger number of vehicles and move towards sustainable profitability [6] - With around $7 billion in cash and short-term investments, the likelihood of the R2 launch is high, making it an attractive option for aggressive investors [7]
Is This Once-Hyped EV Stock Finally Worth Considering?