Jeff Bezos Investments in 2025: 12 Companies Bezos Is Investing In

5. Rivian Automotive Inc. (NASDAQ:RIVN)

Number of Hedge Fund Investors: 40

Amazon is a major institutional investor in Tesla’s competitor, Rivian Automotive, Inc. (NASDAQ:RIVN). Since Amazon has invested in air freight, it is appropriate for the company to invest in its future fleet needs, including short-range EVs for same-day delivery.

Rivian Automotive, Inc. (NASDAQ:RIVN) recorded a gross profit of $170 million in the fourth quarter of 2024, due to improvements in variable costs, revenue per delivered unit, and fixed expenses. The company anticipates these improvements to benefit the company in the long run and position it well to earn a minor gross profit in 2025. It reported record revenues in the fourth quarter of 2024, driven by regulatory credit sales, software and services growth, and improved R1 average selling prices as the Tri-Motor offering became more widely available. Overall, revenue surged by 33% YoY in Q4 2024.

The developer of electric vehicles saw its shares rise by more than 7% last year. The firm has stated that it plans to provide a hands-free driving alternative later this year. Rivian Automotive, Inc. (NASDAQ:RIVN) also stated that other manufacturers are interested in acquiring technology from its joint venture with Volkswagen.

Rivian Automotive, Inc. (NASDAQ:RIVN) has consolidated the financial results of its joint venture with Volkswagen, which is estimated to generate $2 billion in revenue over the next four years. The company also raised significant funds, bringing its cash equivalents and short-term investments to $7.7 billion.