Rivian Automotive Inc. reported a notable increase in its stock price, which jumped as much as 24% following the announcement of better-than-expected vehicle sales for the fourth quarter ending December 31, 2024. The electric vehicle maker delivered nearly 14,200 EVs during this period, contributing to an annual sales volume of approximately 51,580 electric trucks. This uptick in production and sales has sparked positive momentum in Rivian's stock, which rose by 12.9% in the wake of the news.