Rivian Sees Big Turning Point. Is It Time to Buy the Stock?

Rivian Automotive (RIVN -4.26%) has had no trouble selling its popular electric vehicles (EVs) since the company went public back in 2021. What it had been unable to do was sell its trucks and SUVs for more than it cost to make them. That all changed in 2024's fourth quarter when the company finally posted a positive gross margin.That was a big accomplishment, and it puts the young company on the road to becoming a more sustainable business. However, it still has a long way to go, and 2025 is likely to be b ...