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Story summary
- Rivian Automotive, Inc. reported 2025 gross profits of $144 million, reversing a $1.2 billion loss in 2024.
- The company attributes the turnaround to improved software performance, higher selling prices, and reduced costs per vehicle.
- Rivian's stock surged 27% after the earnings announcement.
- Rivian will deliver 62,000–67,000 vehicles in 2026, and the R2 SUV is slated to launch in June with prices between $45,000 and $50,000.
