Daniel Roska's questions to Rivian Automotive Inc (RIVN) leadership • Q2 2025
Question
Daniel Roska pressed on the 2027 EBITDA breakeven target, suggesting that significant headwinds like the loss of EV credits and limited near-term upside from the VW partnership should push the timeline out. He also asked if the R2 vehicle could be gross profit positive on its own.
Answer
CEO RJ Scaringe and CFO Claire McDonough defended the 2027 target, citing the R2's fundamentally lower cost structure, joint sourcing benefits, and significant growth opportunities in software and services. Scaringe explicitly confirmed that the R2 is designed to achieve a healthy positive gross margin on the vehicle itself, independent of other revenue streams.