Core Insights - Rivian is preparing to launch its next vehicle platform, with its stock price increasing by approximately 36% over the past year, although it remains down about 90% from its peak in late 2021, raising questions about its profitability potential [1][2] Financial Performance - In Q3, Rivian's revenue increased by 78% year over year to around $1.56 billion, and it achieved a gross profit of $24 million, marking a significant improvement of $416 million from the previous year when it reported a gross loss [3] - Despite the positive gross profit, Rivian's automotive gross profits were still negative at $130 million, although this represented a reduction of $249 million compared to Q3 of the previous year, indicating that costs of goods sold remain higher than revenue [4] Vehicle Deliveries - The company delivered 13,201 vehicles in Q3 and reported 9,745 deliveries in Q4, resulting in fewer total deliveries in 2025 compared to 2023 and 2024, with the peak delivery of 15,564 units occurring in Q3 2023 [5][7] Future Prospects - Rivian is set to launch its R2 SUVs, which are expected to be more affordable than the R1 models, potentially increasing demand and allowing for economies of scale in manufacturing, although it may take time before the company achieves positive gross profits on its vehicles [6][7] - The path to profitability for Rivian is closely tied to its ability to scale production and deliveries, with hopes that the R2 vehicles will enhance gross margins and lower operating expenses per unit [7]

Core Insights - The article highlights three "new school" industrial stocks that present high-risk, high-reward investment opportunities: Archer Aviation, AST SpaceMobile, and Rivian Automotive [1][2]. Archer Aviation - Archer Aviation is focused on electric vertical takeoff and landing (eVTOL) technology, often referred to as "flying taxis," and has made significant strides in commercialization, including new manufacturing partnerships and launching air taxi services in the U.S. and Saudi Arabia [4][6]. - The company is currently pre-revenue but is projected to achieve significant revenue of approximately $32 million in 2026, with the eVTOL industry expected to reach a market size of $29 billion annually by 2030 [7]. AST SpaceMobile - AST SpaceMobile has seen a remarkable share price increase of 244% year-to-date in 2025, driven by rapid commercialization of its space-based telecommunications technology [8][9]. - Forecasts indicate that AST SpaceMobile's sales could increase by around 1,200% this year, with further growth of 342.6% anticipated in 2026, potentially leading to consistent profitability by 2027 or 2028 [10]. Rivian Automotive - Rivian Automotive is positioned as a strong contender in the electric vehicle (EV) market, with recent reports of positive gross profits and expectations for significant production and delivery milestones with the upcoming launch of its R2 line of lower-priced SUVs [11][12]. - The stock has experienced a price increase from $15 to over $20 per share in anticipation of the R2 launch, which could lead to substantial sales and progress toward GAAP profitability, potentially driving the stock price even higher [13].