Rivian: Gross Profit Inflection Point

Core Insights - Rivian Automotive (NASDAQ: RIVN) exceeded revenue and earnings expectations for its fourth quarter [1] - The company reported its first-ever positive gross margin, indicating a significant turning point in its financial performance [1] Financial Performance - Rivian beat both top and bottom line estimates for Q4'24 [1] - The achievement of a positive gross margin marks an important inflection point for the company [1]