NASDAQ:RIVN - Nasdaq - US76954A1034 - Common Stock - Currency: USD
Lucid Group (LCID) stock has faced headwinds, plunging 24% YTD due to EV market slowdown, rising competition, and other challenges.
Rivian faces downgrades from Guggenheim and cautious outlooks from Cantor Fitzgerald amid declining production, softening demand for EVs, and the upcoming loss of federal tax credits.
Rivian faces potential loss of $325 million in revenue due to relaxation of CAFE regulations as Trump tariffs pose uncertainty.
Mentions: TSLA
Rivian is set to lose automotive regulatory credits that it has been able to sell to other automakers. Rivian Automotive (NASDAQ: RIVN) has an exciting future. For years, EV manufacturers have relied on government subsidies to increase demand for their products and help offset the steep cost of scaling up a capital-intensive business.
The U.S. EV industry turmoil has only worsened in 2025. While Rivian has the basic ingredients that are required to succeed, it still faces an uphill battle.
Lucid Group's sales are forecast to spike in the coming year. Electric-vehicle (EV) maker Lucid Group (NASDAQ: LCID) is forecast to see a massive boost in sales. Because Lucid only had a single vehicle in its previous lineup -- a sedan called the Lucid Air -- the introduction of its new Gravity SUV model essentially doubled its lineup while adding an arguably more attractive option for buyers.
DETROIT (Reuters) -Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall. The same day, Ford Motor extended its deal for free home chargers and installation through the end of September to entice EV shoppers. Sweeping tax and budget legislation approved by Congress will eliminate $7,500 tax credits for buying or leasing new electric vehicles and a $4,000 used-EV credit at the end of September.
A Rivian Automotive Inc.-backed startup developing small electric vehicles was valued at $1 billion in a new investment from Greenoaks Capital, according to people familiar with the matter.
Rivian Automotive (RIVN) reached $12.75 at the closing of the latest trading day, reflecting a -2.45% change compared to its last close.
Rivian Automotive Inc. (NASDAQ:RIVN) is one of the 10 best sustainability stocks to buy now. The company is an American automotive manufacturer that develops and builds electric vehicles (EVs) and related accessories. The company’s Normal, Illinois factory is powered in part by renewable energy, and Rivian aims for net-zero carbon emissions across its operations by 2040. […]
(Bloomberg) -- Shares of Rivian Automotive Inc. and Lucid Group Inc. gained as much as 4.6% and 8.8%, respectively, on Thursday as BNP Paribas sees the EV makers benefiting from President Donald Trump’s tax and spending bill ending electric vehicle tax credits.Most Read from BloombergNYC Commutes Resume After Midtown Bus Terminal Crash ChaosStruggling Downtowns Are Looking to Lure New CrowdsMassachusetts to Follow NYC in Making Landlords Pay Broker FeesWhat Gothenburg Got Out of Congestion Prici