Core Insights - Rivian is facing significant challenges, including reduced delivery targets and tariff pressures, but is countering these with cost efficiencies and strategic partnerships [4][5][12] - The company reported a slight increase in revenue to $1.3 billion, but also widened its loss projections due to tariffs and the loss of EV tax credits [5][20] - Rivian's stock has shown volatility, recovering from a year-to-date low in April, but remains down 90% from its IPO high [15][20] Financial Performance - Rivian reported a gross profit of $206 million for the second consecutive quarter, indicating positive gross profit trends [10][8] - The company has $7.5 billion in cash, equivalents, and short-term investments, bolstered by a $5.8 billion joint venture with Volkswagen [8][1] - Despite a year-over-year decline in second-quarter deliveries by 22.7% to 10,661 vehicles, Rivian reaffirmed its 2025 delivery guidance of 40,000 to 46,000 vehicles [3][4] Market Position and Strategy - The EV market is projected to grow at a 32% CAGR through 2030, which presents opportunities for Rivian, especially with the anticipated R2 SUV launch [7][20] - Rivian is investing nearly $120 million in a new facility in Illinois to enhance its supply chain and production capacity [11][8] - The company has formed a partnership with HelloFresh, marking its first major fleet customer, which could help diversify its revenue streams [13][4] Analyst Sentiment - Wall Street analysts maintain a cautious outlook, with a consensus Hold rating and an average price target of $14.35 per share, reflecting a potential upside of 8.7% from the current price [16][19] - Some analysts have lowered their price targets post-earnings report, citing near-term headwinds but acknowledging the strategic importance of partnerships and future growth potential [17][20] - Institutional investors hold 44.5% of Rivian's outstanding shares, with Amazon being the largest shareholder [18][20]

Caption this 🫶 https://t.co/eFKRtJi52i ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The average price Americans paid for a new car crossed the $50,000 mark for the first time ever in September, according to new data from Kelley Blue Book. The average transaction price reached $50,080 last month, up 2.1% from August and 3.6% year over year. Luxury Vehicles, EVs Push Prices Up The spike in new car prices is being driven by a higher mix of luxury vehicles and expensive electric vehicles. Ac ...

Photo by Jorge Uzon / AFP via Getty Images General Motors shares jumped as it reported earnings Tuesday morning. Key Takeaways General Motors stock took off Tuesday morning as the car manufacturer adjusted to tariffs more quickly than anticipated, Citi analysts said. Investors didn't seem put off by a $1.6 billion charge tied to GM reevaluating its electric vehicle strategy in response to regulation changes. General Motors shares are racing higher. Progress dealing with tariffs is helping. The Detr ...

Core Insights - General Motors (GM) is discontinuing its BrightDrop electric delivery vans due to slower-than-expected market development and changes in the regulatory environment, including the elimination of tax credits in the U.S. [1][2] - BrightDrop production has been suspended since May, leading to job cuts and a need for discussions with Canadian government leaders regarding the future of the CAMI Assembly facility [2][3] - Despite the discontinuation of BrightDrop, GM's stock price has increased by 14%, indicating investor confidence in the company's shift back to internal combustion vehicles [3] Company Developments - BrightDrop was launched in 2021 as a part of GM's "Global Innovation" organization and was initially positioned as a startup [3][4] - The program faced challenges, including a chaotic existence, a recall due to some vans catching fire, and poor sales performance, with only about 1,500 vans sold in the first half of the year [7][8] - GM's strategy has shifted from a fully electric fleet by 2035 to focusing on internal combustion vehicles, reflecting a broader trend among major automakers to adjust their EV production promises [3][4] Market Context - The electric vehicle market in the U.S. is experiencing mixed signals, with some companies achieving record sales while others, like GM, struggle with specific models [2][9] - Competitors such as Rivian have successfully deployed over 25,000 electric vans with Amazon, highlighting a disparity in market performance among electric delivery vehicle manufacturers [9]

France and Spain are calling on the EU to stick with plans to ban combustion engine cars in the bloc after 2035 https://t.co/1UskzjpR2a ...

Core Insights - Tesla is set to release earnings, with expectations of a gain of $0.52/share on $26.27 billion in revenue, while the Whisper number suggests a gain of $0.61/share [3] - The stock has shown significant volatility, hitting a record high of $488.54/share in December 2024 and currently trading near $447 [2] Financial Performance - Tesla's earnings history shows fluctuations: $0.75/share in 2020, $2.26 in 2021, $4.07 in 2022, $3.12 in 2023, $2.28 in 2024, and an expected $1.75 in 2025, with a projected increase to $2.46/share in 2026 [5] - The current price-to-earnings (P/E) ratio stands at 225, approximately nine times higher than the S&P 500 benchmark [5] Technical Analysis - The stock has recently built a bullish base, currently trading 8.4% below its 52-week high and above its 50 and 200-day moving averages [7] Company Overview - Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles and energy generation and storage systems, operating in two segments: Automotive and Energy Generation and Storage [13][15] - The Automotive segment includes electric vehicles, regulatory credits, and various after-sales services, while the Energy segment focuses on solar energy and energy storage products [14][15] Historical Context - Tesla went public in 2010 at $17 per share, raising over $226 million, and has experienced significant growth and fluctuations since then [9] - The company entered a growth phase from 2013 to 2019, expanding its product line and production capacity, which helped it dominate the global EV market [11] - The stock saw dramatic increases in value post-COVID-19, trading near $34 in March 2020 and currently around $333 [12]

RJ Scaringe Is Betting His New Electric SUV Will Make Rivian The Next Teslahttps://t.co/XsXgyNNDS2 https://t.co/rbxo5ZguvN ...

Core Viewpoint - Tesla is preparing to report its quarterly earnings on October 22, 2025, after a challenging year characterized by declining sales, despite a recent surge in stock price following strong delivery numbers [1][9]. Financial Performance - Consensus estimates predict earnings per share (EPS) of $0.53 and revenue of $26 billion for Q3, indicating a significant rebound after a lackluster first half [3]. - Tesla's net income is projected to be around $1.9 billion, with gross margins expected to recover to approximately 18% [7]. Stock Price Predictions - The stock is estimated to have a near-term post-earnings range of $425 to $480, with a 35% chance of reaching $500 [4][5]. - In a more optimistic scenario, if Tesla provides stronger-than-expected guidance, the medium-term price range could be between $460 and $510 [4]. Market Dynamics - Investor sentiment has improved due to CEO Elon Musk's reduced political involvement, allowing a focus on operational execution [9]. - However, challenges remain, including the expiration of the $7,500 US federal EV tax credit, increased competition from low-cost manufacturers like BYD and NIO, and rising input costs [9][10].

Core Insights - Lucid's stock has decreased by 81% over the past three years despite winning the German Car of the Year award for its Air Sapphire sedan [1] - The electric vehicle (EV) industry is facing challenges due to the loss of federal tax credits and a shift towards hybrid vehicles, impacting companies like Rivian as well [2] Group 1: Vehicle Production and Sales - Lucid's Q2 2025 results showed significant improvements with sales reaching $259.4 million, a 72% increase from $151 million in Q2 2024 [4] - Vehicle production increased to 3,863 units, an 83% rise from 2,100 units in the previous year, while vehicle deliveries rose to 3,309, a 38% increase from 2,392 [4] - The company has started producing its Gravity SUV and plans to launch new models, including the Lucid Earth, a mid-size SUV priced around $48,000, which could further boost production and sales [6][7] Group 2: Profitability Outlook - Despite the increase in vehicle production and sales, Lucid is not expected to achieve profitability in the near term, reporting a loss of $0.24 per share in Q2, an improvement from a loss of $0.34 in the same quarter last year [9] - Investors should be cautious about expecting significant share price gains in the coming years as the company continues to face financial challenges [8]