Core Insights - The article discusses potential investment opportunities in Rivian (RIVN) and indicates a possible long position in the stock within the next 72 hours [1]. Group 1 - The analyst has no current stock or derivative positions in the companies mentioned but may initiate a beneficial long position in RIVN [1]. - The article expresses the author's personal opinions and is not influenced by compensation from any company [1]. - There is an emphasis on conducting personal research or consulting a financial advisor before making investment decisions [2].

Rivian CEO RJ Scaringe’s voting control slips following divorce settlement | TechCrunch https://t.co/H6tSoeCHGb ...

Core Insights - Rivian's CEO RJ Scaringe has transferred approximately 4 million shares and 6 million options to his ex-wife as part of a divorce settlement, valued at around $130 million at current stock prices [2][3] - Following the transfer, Scaringe's voting power has decreased from 7.6% to about 4%, marking the lowest level since Rivian's IPO in 2021 [3][8] - Rivian is currently focused on redesigning its R1S SUV and R1T truck to reduce manufacturing costs and improve performance, while also preparing for the launch of the R2 SUV in 2026 [4] Ownership Structure - Rivian's ownership structure has evolved since its IPO in 2021, with Ford largely exiting and Volkswagen Group becoming a significant stakeholder, now owning 12.3% of Rivian [5][8] - Amazon remains the largest shareholder with a 14.2% stake, granting it the most voting power among shareholders at 13.3% [8] - Scaringe's ownership stake was 2% prior to the divorce settlement, and he previously held a 7.6% voting power due to Class B shares, which have since been reduced [8][10] Company Developments - Rivian entered a joint venture valued at $5.8 billion with Volkswagen, focusing on software and electrical architecture, with Rivian contributing technology and personnel [7] - The Class B stock transferred in the divorce settlement was converted to Class A stock, limiting the voting power of Scaringe's ex-wife if she retains the shares [10] - Scaringe's overall control remains significant, with around 50 million shares, options, and Restricted Stock Units (RSUs) that could increase his ownership and voting power as they vest [10]

Electric vehicle (EV) stock Rivian Automotive Inc (NASDAQ:RIVN) is down 2.9% to trade at $12.65 at last check, after a downgrade from Guggenheim to "neutral" from "buy" to go with a price-target cut to $16. The analyst in coverage cited the likelihood of softer long-term sales of its R2 and R3 cars. Most brokerages are already skeptical of RIVN, but there is room for additional bear notes, as eight of 26 firms carry still a "buy" or better rating. Plus, the 12-month consensus target price of $15.10 is a 19. ...

Product Innovation - Rivian's new electric truck and SUV models feature a unique kick turn capability activated with a single button press, eliminating the need for steering [1]

Group 1 - BYD reported a value of 1360.61 with a decrease of 21.7% [2] - Ferrari's value is 887.78, showing a decrease of 13.15% [2] - Mercedes-Benz has a value of 597.78, with no percentage change reported [2] - BMW's value increased by 1.19% to 566.63 [2] Group 2 - Volkswagen's value is 537.15, reflecting a decrease of 0.48% [3] - General Motors reported a value of 513.31, with an increase of 2.3% [3] - Ford's value decreased by 5.16% to 468.44 [3] - Maruti Suzuki's value is 461.17, showing a decrease of 2.36% [3] - Porsche's value decreased by 6.5% to 444.88 [3] - Mahindra Automotive's value is 441.38, with a decrease of 13.28% [3] - Honda's value is 421.94, reflecting a slight decrease of 0.55% [3] - Hyundai's value increased by 21.73% to 373.36 [3] - Stellantis reported a value of 305.14, with a decrease of 9.08% [3] - Seres' value is 296.65, showing a decrease of 4.03% [3] - Tata Motors reported a value of 294.36, with a decrease of 7.21% [3] - Kia's value increased by 3.72% to 291.71 [3] - SAIC Motor's value is 284.62, reflecting an increase of 9.68% [3] - Li Auto's value is 280.63, with an increase of 4.66% [3] - Geely's value is 227.12, reflecting an increase of 1.29% [3] - Great Wall Motors reported a value of 226.47, with a slight increase of 0.11% [3] - Suzuki Japan's value is 220.92, showing an increase of 2.36% [3] - Xpeng's value is 165.68, reflecting a decrease of 0.28% [3] Group 3 - Changan Automobile's value is 156.36, with a slight increase of 0.12% [4] - Rivian's value is 156.09, showing a decrease of 3.48% [4] - Renault's value is 138.89, reflecting a decrease of 2.23% [4] - Subaru's value is 129.85, with an increase of 1.62% [4] - JAC's value is 119.19, with an increase of 0.49% [4] - Hozon Auto's value is 105.63, showing a decrease of 1.14% [4] - Isuzu's value is 93.51, with an increase of 0.58% [4] - GAC Group's value is 88.01, reflecting a decrease of 0.83% [4] - Leapmotor's value is 85.88, with no percentage change reported [4] - Weimi Auto's value is 83.69, showing an increase of 4.51% [4] - Ford Otosan's value is 83.18, reflecting a decrease of 0.92% [4] - VinFast Auto's value is 83.03, with an increase of 0.47% [4] - Nissan's value is 75.25, reflecting an increase of 2.18% [4] - Lucid Motors' value is 69.85, showing a decrease of 1.22% [4] - Zeekr's value is 69.83, with an increase of 0.84% [4]

Core Viewpoint - Rivian Automotive is facing both opportunities and challenges, with the potential elimination of a significant revenue source from regulatory credits posing a risk to its financial viability [1][4][6]. Group 1: Company Performance and Future Prospects - Rivian achieved several consecutive quarters of positive gross margins and plans to begin production of three new vehicles priced under $50,000 early next year, which could attract millions of new buyers [1]. - In 2024, Rivian generated $325 million in revenue from the sale of automotive regulatory credits, which contributed significantly to its gross profit [4][6]. - The company sold approximately $300 million worth of regulatory credits in Q4 2024, while its total gross profit was around $170 million, indicating reliance on these credits for profitability [6][11]. Group 2: Impact of Legislative Changes - The recent budget bill signed into law will phase out EV tax credits by the end of 2025, which could lead to increased prices for consumers and a potential drop in demand [3][4]. - The elimination of fines for noncompliant automakers in the new budget bill may reduce the incentive for these automakers to purchase excess regulatory credits, impacting Rivian's revenue from this source [6][12]. - Analysts estimate that around 75% of Tesla's credits are earned in the U.S., with about half from federal programs, suggesting Rivian could face a significant reduction in credit sales and profit if similar proportions apply [10]. Group 3: Long-term Outlook - Despite the challenges posed by the elimination of federal regulatory credits, Rivian is still expected to maintain a gross profit of around $50 million, indicating some resilience [11]. - The company's stock is trading at 2.8 times sales, reflecting low expectations, and while the elimination of federal credits won't be catastrophic, it may extend the timeline for growth initiatives [12]. - Rivian may need to adjust its cash flow and potentially delay some growth initiatives to ensure the timely launch of its mass-market vehicles, but it remains a promising long-term growth stock for patient investors [13].

Rivian's new truck and SUV EVs have a surprise: the ability to perform a kick turn with a single button press, no steering required.Check out our full hands on: https://t.co/fNwbz0oWgc https://t.co/wxuGyy5tJh ...

Group 1: Electric Vehicle Market Overview - Electric vehicle (EV) stocks present significant growth potential, with Tesla's shares increasing over 23,000% since 2010 [1] - Rivian is identified as a potential next Tesla, having achieved positive gross margins for the first time, enhancing its financial credibility [2][3] - Rivian plans to produce three new vehicles priced under $50,000 by early 2026, which is crucial for accessing a larger market [3][4] Group 2: Rivian's Growth Potential - Producing mass market vehicles under $50,000 could allow Rivian to reach tens of millions of new buyers, similar to Tesla's success [4] - Rivian's stock is trading at 2.8 times earnings, suggesting that its growth potential for 2026 and 2027 is not fully reflected in its current stock price [5] Group 3: Lucid Group's Position - Lucid Group has a market cap of $7 billion, less than half of Rivian's and less than 1% of Tesla's, indicating substantial room for growth [6] - Lucid plans to start production of mass market vehicles next year, although leadership changes and capital access may delay this timeline [7][8] Group 4: Tesla's Continued Growth - Tesla, with a market cap of $960 billion, remains the industry leader, with analysts suggesting that its most significant growth phases are still ahead [10] - The launch of Tesla's robotaxi service in Austin, Texas, could potentially expand into a $10 trillion market, with estimates suggesting it could add $1 trillion to Tesla's market cap [11][12]

Group 1 - Rivian Automotive recently laid off around 140 employees, which is about 1% of its total workforce, as part of an effort to improve operational efficiency for its upcoming R2 model [2][3] - The company started the year with over 14,800 workers in North America and Europe, indicating that the job cuts are relatively small and may not signal severe issues [3] - Rivian's second-quarter delivery results declined by 23% compared to the prior year, with a total of 19,301 vehicles delivered in the first half of 2025, down 30% year-over-year [6][7] Group 2 - Rivian confirmed its delivery guidance for 2025, expecting to deliver between 40,000 and 46,000 vehicles, which requires a significant boost in deliveries in the second half of the year [6][7] - The R2 model is crucial for Rivian's future, as it aims to attract a more price-conscious consumer and expand globally, with production starting in Illinois in the first half of 2026 and potential European deliveries in 2027 [11] - The success of the R2 is vital for Rivian to reach profitability, and the company is focused on reducing costs in vehicle production [12]