Rivian is making good progress, and reaching gross margin and operating cash flow positivity were big milestones. The next big step for it will be getting its R2 SUV to market. The company expects it to have a base price of around $45,000, which should give it much more mass appeal than the R1S SUV, which starts at just under $76,000.

Rivian's Q4 hits $1.73B revenue (+32% YoY), but growth leans on credits. Unprofitability persists; R2 platform launch in 2026 critical. See more on RIVN here.

Rivian (RIVN) shares hit a new yearly low on Monday, dropping nearly 10%. Despite achieving its first gross profit

One new growth opportunity is its commercial van. The EV maker has been delivering on an existing 100,000-vehicle order for early investor Amazon. Earlier this month, the company renamed it the Rivian Commercial Van (RCV), making it available to any fleet operator. It was previously exclusive to Amazon.