There are plenty of reasons to be cautiously optimistic about Rivian. The California-based startup now has the Volkswagen Group's backing, its next-gen models look adorable and unlike Tesla, it comes without cultural or political baggage. On Thursday, just ahead of its Q4 2024 earnings call, Rivian announced its first-ever quarterly gross profit of $170 million. That's a big deal for a company that has been losing tens of thousands of dollars on every vehicle sold. It still is, but this marks a turning point. That said, 2025 won't be easy. Rivian warned that policy shifts and regulatory uncertainty could hit revenue by "hundreds of millions of dollars" in 2025. Even so, it expects to turn a modest annual gross profit this year. All said, Rivian seems ready to weather the storm and it's giving fans and shareholders plenty to look forward to. —Suvrat Kothari, Staff Writer | 
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