Rivian made a name for itself when it unveiled one of the first electric pickup trucks, the R1T, in 2018. It followed that up with an SUV built off the same platform, the R1S, and has since built a passionate fan base around a brand that celebrates adventure and the outdoors.Now it's preparing for its next chapter with the R2, a smaller spin on the R1S SUV, and the R3, a rally-inspired hatchback."A lot of people were surprised on R3" Rivian Chief Design Officer Jeff Hammoud told CNBC. "It's not something th ...

Design, it's the first thing that everyone sees. It's the first thing that everybody falls in love with, and that's the part that you really need to capture. Rivian made a name for itself when it unveiled one of the first electric pickup trucks, the R1T, in 2018.And it has built a loyal following around a brand that champions adventure and the outdoors. Their off road chops are real, and Rivian has that authenticity more than some more mass market brands. I've never seen a truck that had so much attention t ...

Core Viewpoint - The electric vehicle (EV) sector, particularly Rivian Automotive, is experiencing a potential turnaround after a significant downturn, with Rivian's stock showing signs of recovery despite ongoing unprofitability [1][2]. Company Overview - Rivian remains unprofitable but has substantial backing and plans to expand its manufacturing capabilities throughout the decade [2][8]. - The current stock price is approximately $15 per share, having rebounded from previous lows, but it has remained in a similar trading range since late 2022 [2][10]. Product and Market Position - Rivian launched its R1 models in 2022, which include a premium SUV and truck, alongside commercial delivery vans for clients like Amazon [2][3]. - The R1 models are well-received but have not achieved widespread adoption due to their high price points, starting at $75,000 [3][4]. - Quarterly deliveries peaked in 2023 but have since declined, with Rivian delivering just over 10,000 vehicles in the last quarter, indicating a small market presence [3][5]. Expansion Plans - To address delivery challenges, Rivian is expanding its Illinois factory and has begun construction on a new facility in Georgia, aimed at producing more affordable R2 and R3 models [4][5]. - Achieving scale is crucial for profitability, as competitors like Tesla only became profitable after reaching significant delivery volumes [5][10]. Financial Projections - Rivian's current revenue stands at $5 billion, with potential growth in quarterly deliveries to over 50,000 if R2 and R3 production scales successfully [7][10]. - This could lead to projected annual revenue of around $20 billion and net earnings of approximately $1 billion by the end of the decade, assuming a profit margin between 0% and 10% [7][10]. Valuation Insights - Rivian's market capitalization is currently $17.7 billion, and traditional valuation methods based on earnings or cash flow are not applicable due to negative figures [6][8]. - If Rivian can successfully scale production and achieve positive earnings, it may improve its financial standing significantly [8][10].

Key Points Canaccord analyst George Gianarikas has high expectations for Rivian stock. The launch of its first affordable, mass-market EVs could be game-changing for the automaker. The company may soon reveal what it has been working on in the areas of autonomous driving and artificial intelligence. 10 stocks we like better than Rivian Automotive › Wall Street analysts are far from unified in their views of Rivian (NASDAQ: RIVN) stock. Some think shares will sink by 50% over the next 12 months. O ...

It's not often that you can buy a growth stock at a value price.There is a surprising amount of debate over the difference between value stocks and growth stocks. Typically, growth stocks are defined as companies with high growth rates that are priced at high valuation multiples. Value stocks, on the other hand, typically have lower growth rates and trade at more modest valuation multiples.But as Warren Buffett has often said, price is what you pay, value is what you get. By this definition, a value stock i ...

And this doesn't mean that they're necessarily going to change the current design, the R one. They're just thinking about a new door handle for the R two, which is now yet tracks what we're talking about. And what you need to know is that in the AR two, which is their next gen vehicle going into production at some point in the first half of next year, there's been a rethink on the manual latch or release that a passenger in the front or rear seats would need to use in the event that the electric system lose ...

And this doesn't mean that they're necessarily going to change the current design, the R one. They're just thinking about a new door handle for the R two, which is now yet tracks what we're talking about. And what you need to know is that in the AR two, which is their next gen vehicle going into production at some point in the first half of next year, there's been a rethink on the manual latch or release that a passenger in the front or rear seats would need to use in the event that the electric system lose ...

Tesla Inc (NASDAQ:TSLA) and Rivian Automotive (NASDAQ:RIVN) each reported third-quarter vehicle deliveries that came in above consensus. Both companies have headwinds and tailwinds ahead, according to a sector analyst.Third Quarter Gets Tax Credit HelpTesla reported third-quarter deliveries of around 497,000, up 7% year-over-year and ahead of Goldman Sachs’ estimates of 455,000.Rivian third-quarter deliveries of 13,200 were up 32% year-over-year and beat a consensus estimate of 12,700. The total missed a Go ...

Breaking news from Bloomberg Tech's Ed Ledllo. He is reporting that Rivian is reworking its doors after employees and customers raised concerns over potential safety issues with the current design in the R2, which is their nextG vehicle going into production at some point in the first half of next year. There's been a rethink on the manual latch or release that a passenger in the front or rear seats would need to use in the event that the electric system loses power.And what sources told us is that on their ...

Rivian looks increasingly like it will be a successful EV start-up, but don't get overexcited by the Tesla similarities.After Tesla (TSLA -4.29%) proved that a start-up electric car company could take on the traditional automakers, Wall Street jumped into action. That was when Rivian (RIVN -0.32%) came public, to much fanfare. Fast forward a few years to the current day, and Rivian's stock price has fallen some 90% from its all-time highs. Is this a diamond in the rough that could turn you into a millionair ...