Sign in
RIVN-RIVIAN AUTOMOTIVE INC

Rivian Showcases New Affordable EV Models at Chicago Auto Show Amid Financial Challenges and Market Uncertainty

Saturday

15 February, 2025

Rivian Automotive is making waves at the Chicago Auto Show with its new R2 and R3X SUVs, aiming to broaden its appeal with a starting price of $45,000. Can these affordable models turn the tide for Rivian amidst financial hurdles and a competitive EV landscape?

article image for RIVN

Article Impact Score

0
50
100
Under­perform
Bear­ish
Neu­tral
Bull­ish
Out­perform
24
Key Takeaways
  • Rivian faces significant challenges with stagnant sales and only 14,183 deliveries last quarter.
  • The introduction of new SUV models may struggle to attract customers in a competitive market.
  • A disappointing earnings report led to a more than 5% drop in Rivian's stock price.
  • Production costs could rise due to potential tariffs on imported components, affecting profitability.
  • Despite a partnership with Volkswagen, Rivian's growth momentum seems uncertain and fragile.
More on RIVIAN AUTOMOTIVE INC
Read more insights on RIVIAN AUTOMOTIVE INC

Most Read

Join Foliko Premium!

Unlock the entire library of Foliko's Generative AI Investment Research. Plus, get AI powered trading signals and stock price predictions.

Go Premium - 7 Day Free Trial
home-footer-logo

Any content provided on our website is for information purposes only. We do not provide investment advice, nor do we consider ourselves a financial institution. Seek a duly licensed professional for investment advice.