Rivian (NASDAQ:RIVN) made a pledge to investors, and the time to deliver on that promise has arrived. The EV maker reports its Q4 earnings

The Rivian earnings report showed less-than-feared losses helped by regulatory credits. The Tesla rival reported milestone package deliveries.

Rivian beat Wall Street's fourth-quarter earnings expectations and achieved its first gross quarterly profit but is forecasting lower sales in 2025.

Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was driven by sales of regulatory credits to other automakers, rather than electric-vehicle sales.

Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.

Key Takeaways Rivian Automotive predicted 2025 deliveries below analysts' estimates.Like electric truckmaker Nikola, which filed for bankruptcy this week, Rivian warned about a challenging environment for EV manufacturers.