Q3 revenue and gross profit exceed expectations! Rivian (RIVN.US) benefits from tax deductions and achieves outstanding results amidst easing tariff pressures.

According to the Choiceline Finance APP, Rivian Automotive (RIVN.US) exceeded Wall Street's expectations in their third-quarter performance. Thanks to their joint venture project with Volkswagen (VWAGY.US) and contributions from their software and services business, the company achieved positive quarterly gross profit for the second time this year.