Rivian (RIVN) Q4 2024 earnings results highlighted by $110 million automotive gross profit
After a long stretch of getting its feet under it, Rivian is finally to the point where it's turning reasonable profits in its fiscal quarters.
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After a long stretch of getting its feet under it, Rivian is finally to the point where it's turning reasonable profits in its fiscal quarters.
Ford's electric vehicle division is working to development cost improvements as the company continues to invest in future products.
Elon Musk shared on the Tesla Q4 2024 conference call that Tesla will launch its FSD service in many regions in the US by the end of 2025
Tesla's CEO is highly optimistic about the EV company's potential.
Revenue only grew 2 percent year over year for Tesla in Q4 2024.
GM also plans to purchase the remaining shares of Cruise and restructure the operations to save an estimated $1 billion per annum.
Stellantis' electric Ram pickup was supposed to launch before the end of 2024, but has been pushed to the first half of next year.
The Volkswagen-Rivian joint venture is intended to launch VW models with Rivian electric vehicle technology as soon as 2027
Waymo was already operating citywide in Phoenix, Arizona and San Francisco, California.
The Rivian company failed to beat analyst expectations on key metrics in its latest quarter.