How Much Progress Has Rivian Really Made?
Graphing Rivian's gross profit shows that progress doesn't generally happen in a straight line.One of the biggest talking points for Rivian (RIVN 2.87%) has been that it will generate positive gross profit in the fourth quarter -- and it's a big milestone worthy of celebration. But the truth is when you look at the progress the company has made so far, it becomes evident how much work the company has remaining. This becomes a little more nerve-wracking when deliveries are expected to be roughly flat year ov ...