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TechCrunch

Rivian sacrifices 2027 profit goal to push deeper into autonomy

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Rivian admitted in a regulatory filing that it is delaying its goal of reaching "positive EBITDA" next year because of how much it is spending on developing self-driving technology.

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A Tesla Cybertruck gleaming in the lot of the Tesla showroom in North Hollywood, Los Angeles, on March 29, 2025. | Photo by Simone Lueck / The Verge These past few weeks have been particularly brutal for the EV industry - and anyone who believes that electric vehicles are the future. Thanks to slowing demand and policy whiplashes, automakers are on an EV murder spree, killing a host of promising new models. The EV graveyard grows bigger by the minute. And unfortunately, as is often the case,

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