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Rivian $170 Million Quarterly Profit Marks A Turning Point
The electric vehicle (EV) industry is fiercely competitive, and many startups struggle to survive. But Rivian, the California-based EV truck and SUV maker, just did something remarkable—it turned a profit for the first time ever. As Rivian prepares to share its earnings report with investors, it has already announced a major milestone: in the fourth…