Newsweek asked some of the best auto industry analysts their opinions on the industry's startups. Here's what they said.

RJ Scaringe, 38, founded the company in his home state of Florida in 2009, not long after completing his Ph.D. in mechanical engineering at the Massachusetts Institute of Technology.

“This quarter we achieved positive gross profit and removed $31,000 in automotive cost of goods sold per vehicle delivered in Q4 2024 relative to Q4 2023," Rivian CEO RJ Scaringe said in a ...