Rivian Automotive, Inc. (RIVN) manufactured 14,611 vehicles in the first quarter of 2025 at its Normal, IL, plant, up from 13,980 units produced in the corresponding quarter of 2024. However, its deliveries dropped to 8,640 vehicles from 13,588 in the same period last year. The reported production and delivery figures align with Rivian's forecast of producing about 14,000 vehicles and delivering around 8,000. It delivered 51,579 vehicles in 2024.Per Claire McDonough, CFO of Rivian, the deliveries are expect ...

Electric vehicle companies, just like any other automaker, live and die on vehicle delivery numbers. Today is no different, with Rivian Automotive Inc (NASDAQ:RIVN) and Tesla Inc (NASDAQ:TSLA) both in the red after their first quarter delivery reports.RIVN was last seen down 6.5% to trade at $12.41, after soft demand resulted in a 36% decline in first-quarter deliveries year-over-year. The stock is 6.7% lower year-to-date but is coming off a third-straight weekly win and remains 18.3% higher in the last 12 ...

Rivian delivered just 8,640 vehicles in the first three months of 2024, the company’s worst quarterly mark since the end of 2022. But the company says the slow start won’t impact its overall guidance for the year — it still expects to deliver between 46,000 and 51,000 EVs by the end of 2025. The company warned that the first quarter would be challenging. On a conference call with analysts in February, Rivian’s chief financial officer said that a “challenging demand environment, partially driven by the impac ...

Rivian Automotive RIVN CEO RJ Scaringe didn't hold back at the NVIDIA GTC conference when he shared being upset at how far ahead China is than the U.S. in EV market share. Here's what Scaringe said sets China apart and how the U.S. can catch up. What Happened: Scaringe has positioned Rivian to be a pure-play electric vehicle company, to have models that all consumers will enjoy and can afford. The company just isn't there yet and according to Scaringe it couldn't come soon enough. During his recent GTC Conf ...

Automotive stocks had a mixed Thursday after President Trump announced plans for additional new tariffs on imported vehicles and auto parts. Among the winners in that session was Rivian Automotive (RIVN -4.95%). The electric vehicle (EV) maker's stock jumped 7.6% based on its made-in-the-USA production strategy.The theory was that those import tariffs won't affect it like competitors such as General Motors and Ford, which both make electric trucks and SUVs. So investors may be wondering why Rivian shares ar ...

I should say I have a kind of difficult relationship with Rivian Automotive (NASDAQ: RIVN ) stock. I mean, when it went public, I was among the first authors on Seeking Alpha who advocated forDaniel Sereda is chief investment analyst at a family office whose investments span continents and diverse asset classes. This requires him to navigate through a plethora of information on a daily basis. His expertise is in filtering this wealth of data to extract the most critical ideas. He runs the investing group Be ...

Electric vehicle (EV) manufacturer Rivian (NASDAQ: RIVN) has received an update from Wall Street following the firm’s announcement of key changes to its business structure.Notably, Rivian stock has had an impressive run in recent sessions, gaining over 10% in the past week. On the monthly chart, RIVN is up 7%. However, as of press time, Rivian’s share price was showing weakness, down almost 0.8% at $12.26.RIVN one-week price chart. Source: Finbold Regarding the stock outlook, Truist Securities reaffirmed it ...

In the latest market close, Rivian Automotive (RIVN) reached $12.36, with a +1.39% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.16%. Meanwhile, the Dow gained 0.01%, and the Nasdaq, a tech-heavy index, added 0.46%.The the stock of a manufacturer of motor vehicles and passenger cars has risen by 1.92% in the past month, leading the Auto-Tires-Trucks sector's loss of 8.54% and the S&P 500's loss of 3.59%.Analysts and investors alike will be keeping a close eye on the ...

Many growth stocks have struggled so far this year. Rivian (RIVN 3.10%) is no exception. Shares are down roughly 16% year to date, although the stock's volatility has shifted this figure around quite a bit.The strange thing is that shares are dropping in value right as the company gears up for its biggest growth spurt in years. Could this be the smartest investment you make in 2025?Watch out for this growth inflection pointAs an electric car stock, Rivian struggled in 2024 as the industry dealt with lower-t ...

Two developments on Thursday combined to drive Rivian Automotive (RIVN 4.41%) to a notable stock market decline.The first piece of news was an analyst's downgrade, and the second was a relatively large-scale recall from a peer electric vehicle (EV) maker. When the smoke cleared from that trading session, Rivian's share price had eroded by more than 4%. By contrast, the benchmark S&P 500 index was down by just 0.2% at the close of trading.An analyst's downgrade and a rival's recallPiper Sandler's Alexander P ...