Category: variable
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Rivian posts $170 million ‘gross profit’ in Q4, sees losses decreasing as variable costs improve
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Rivian (Rivn) reported strong results in the fourth quarter after the bell on Thursday and got its goal of spreading a “total profit” for the quarter, with EBITDA smaller than expected in 2024 (pre -interest profits, taxes, consumption, and firefighting) is a loss of preamble. The company also sees a…