Key Takeaways Tesla's Q1 deliveries dropped 13% YoY, with margins sliding and U.S. EV share falling below 50%. Rivian trimmed 2025 delivery targets and burned cash, but aims for efficiency with its lower-cost R2 SUV. TSLA's energy unit shines bright, while RIVN posts gross margin gains for the second time in Q1.Tesla, Inc. (TSLA) and Rivian Automotive (RIVN) are two noted names in the electric vehicle (EV) space — one is an established giant, the other a young and ambitious startup.Tesla changed the game ...

Group 1: Market Overview - Demand for electric vehicles (EVs) is expected to surge globally, with significant growth anticipated in the U.S., which is the primary market for Lucid Group and Rivian Automotive [1] - Lucid Group is projected to be one of the fastest-growing EV makers, with a forecasted 73% sales growth this year and 96% growth expected in 2026 [2] Group 2: Company Performance - Lucid's growth is driven by the introduction of new models, particularly the new Gravity SUV, which diversifies its lineup and is expected to boost sales in 2025 and 2026 [4] - Rivian is expected to grow sales by only 5% this year, but growth is projected to increase to approximately 40% in 2026 [2] Group 3: Financial Position - Lucid has less than $1.9 billion in cash, raising concerns about its ability to produce new affordable models [6][10] - Rivian, in contrast, has nearly $4.7 billion in cash and has achieved positive gross margins over the past two quarters, indicating a stronger financial position [12] Group 4: Product Development - Rivian's upcoming mass-market vehicles (R2, R3, and R3X) are further along in development, with production of the R2 expected to start in the first half of 2026 at a starting price of around $45,000 [11] - Lucid's plans for affordable models remain vague, and the company needs to raise significant capital to bring these vehicles to market [10] Group 5: Investment Outlook - While Lucid is currently growing faster, Rivian is viewed as the better investment option for the next few years due to its stronger financial position and more advanced product pipeline [13]

Core Viewpoint - Tesla is facing significant challenges, including a decline in market share and a public feud between its CEO and the President of the United States, which may alienate customers [1][2]. Tesla's Market Position - Tesla has been losing market share in key global markets, particularly in the United States, despite price cuts on its best-selling electric vehicles [1]. - The company is still delivering close to 2 million cars globally each year, although this figure has started to decline [5]. Rivian's Current Situation - Rivian's stock has plummeted over 90% from its all-time highs, trading below $15, despite an initial public offering that raised over $10 billion and a market cap exceeding $100 billion [3][4]. - Rivian's deliveries have flattened out, with guidance for 40,000 to 46,000 deliveries in 2025, down from over 50,000 in 2024 [5]. Challenges for Rivian - High price points for Rivian's trucks and SUVs have limited its market share growth, as customers have shifted to more affordable options from legacy brands [6]. - Rivian is currently experiencing significant financial losses, with a $655 million operating loss reported in the first quarter of 2025 [9]. Future Growth Prospects for Rivian - Rivian plans to launch a more affordable EV, the R2, in 2026, priced around $45,000, which could expand its addressable market [8]. - The company has $8.5 billion in cash, a $3.5 billion commitment from Volkswagen, and a potential $6.6 billion loan from the Department of Energy, providing a runway for scaling manufacturing [11]. Investment Perspective - Rivian should not be viewed as a quick play on Tesla's market share losses; the automotive and EV sectors require time for trends to materialize [13]. - Rivian's current market cap is approximately $16.5 billion, with annual revenue around $5 billion, indicating long-term potential if the company successfully executes its growth plans [14].

根据协议，Rivian将向大众开放其R2车型的电子电气架构（EEA）、操作系统及软件平台，涵盖智能座舱、自动驾驶、能源管理等核心模块。大众集团计划 将该技术整合至旗下大众、奥迪、保时捷等品牌的电动车型中，以缩短开发周期并降低软件成本。 这意味着大众未来在电动车领域的产品线将全面基于Rivian R2车型的技术架构开发，标志着双方合作从战略层面进入实质落地阶段。 【环球网科技综合报道】6月7日消息，据外媒报道，美国电动汽车制造商Rivian与德国大众集团之间价值50亿美元（约合人民币359.41亿元）的软件合作迎 来重大进展：Rivian下一代SUV所采用的平台技术将被确立为大众集团旗下所有纯电动车型的数字中枢。Rivian方面也确认R2平台将支持所有未来大众电动 汽车。 消息人士透露，大众首款搭载Rivian技术的车型或为2027年推出的紧凑型电动SUV，其车载系统将与Rivian R2实现高度兼容。 据悉，此次合作源于大众集团在软件领域的战略调整。尽管大众已投入巨资开发SSP纯电平台及VW.OS操作系统，但进展缓慢且成本高昂。通过引入Rivian 的技术，大众可快速补足软件短板，加速实现"2030年全球电动 ...

Thursday’s dramatic fight between President Trump and Tesla CEO Elon Musk, his political ally and donor, sent Tesla stock down more than 14%.This is just the latest episode in a long string of bad news for Tesla TSLA.The stock, which was trading at around $300 per share on Friday, is down 25% for the year but has gained 11% over the past three months. Poor domestic and international sales, as epitomized by Tesla’s market share in car-mad Germany being down 36% year-to-year, concerns over robot taxi safety a ...

Rivian Automotive, Inc. NASDAQ: RIVN is a key player in the electric vehicle (EV) market, and the company’s stock is currently trading just below $20, marking a potential inflection point for investor consideration. Investors often analyze key moments (such as dropping below a multiple of 10) to differentiate volatility from fundamental changes in a company's growth strategy. Rivian Automotive TodayRIVNRivian Automotive$16.92 +0.63 (+3.87%) 52-Week Range$9.50▼$18.86Price Target$14.24Add to WatchlistRivian' ...

Core Insights - Rivian Automotive achieved a significant milestone by reporting its second consecutive quarter of gross profit, unlocking an additional $1 billion in funding from Volkswagen as part of a potential $5.8 billion investment [1][2] Financial Performance - Rivian's gross margin for the first quarter was 16.6%, surpassing Tesla's 16.3%, marking a substantial improvement from a negative gross margin of 44% a year ago [3][4] - The company reported first-quarter revenue of $1.24 billion, a 3% increase, despite a decline in vehicle deliveries, with automobile revenue falling 17% to $922 million, while software revenue tripled from $88 million to $318 million [8] - Rivian reduced its net loss from $1.5 billion a year ago to $541 million and decreased free cash outflows to $526 million from $1.5 billion [9] Production and Future Plans - Rivian is preparing for the launch of its lower-priced R2 SUV, projected to be priced around $45,000, which is expected to have broader market appeal [6][7] - The company plans to shut down its factory for about a month to retool for the R2's launch in the first half of 2026, which could trigger Volkswagen's next $1 billion investment [7] - Rivian is increasing its production capacity with an expansion of its Illinois factory and plans to begin construction of a new factory in Georgia next year [13] Strategic Focus - The company is focusing on higher-margin software, recently launching a hands-free driving feature and aiming for more autonomous self-driving capabilities [5] - Rivian has adjusted its delivery forecast to between 40,000 and 46,000 units, down from a previous estimate of 46,000 to 51,000 units, while maintaining guidance for a modest gross profit and an adjusted loss of $1.7 billion to $1.9 billion [11][12]

Investors knew 2025 could be a slow year for Rivian Automotive (RIVN 0.51%). The company's next vehicle launch, the highly anticipated R2, won't hit roads until 2026, and the company lacks any real visible catalysts. The good news for investors is that the automaker is finally gearing up to do a big marketing push, and it should provide a boost to stagnating sales.What's going on?Rivian's customers are passionate and invested in the brand, even though it's a relatively small player in the electric vehicle ( ...

Last year, it was revealed that Lucid expects to begin production on three new more affordable models, all of which should cost under $50,000. At the time, this timeline seemed aggressive, especially considering its Gravity SUV had yet to be released. Last week, however, Derek Jenkins, a senior vice president at Lucid, confirmed that the company is currently "on track" to begin production of an affordable SUV model in 2026, though he noted that there are "a lot of crazy things going on in the world that can ...