Rivian Automotive Stock News

It is unclear what kind of company Rivian will be in 3-5 years. A niche EV manufacturer, the next Tesla, or the next Fisker? The most likely outcome in the long term is a slow demise until Rivian either fades away or is taken over by a larger auto manufacturer. Rivian cannot generate the cash flows from its business to scale up and needs additional capital, diluting shareholders.

Rivian Automotive (NASDAQ: RIVN ), the high-profile electric vehicle startup, has been a company I've watched with great interest since its blockbuster IPO in 2021. As one of the most well-funded EV startups, Rivian's journey has been closely followed by investors hoping that Rivian stock could emerge as a viable challenger to Tesla's (NASDAQ: TSLA ) EV dominance.

Rivian NASDAQ: RIVN made progress on several fronts in Q2 and reached a pivotal quarter, at least in the eyes of its CEO. However, despite the good news, the stock price will return to $10 and may move even lower.

Rivian says it will get to industry-leading margins, but that may not be possible.

Rivian (NASDAQ: RIVN ) has greatly reduced its costs and continues to expect to generate positive gross profit in the fourth quarter of this year and in all of 2025. There are multiple signs that the company's brand remains extremely strong, driven by great, widespread appreciation for its EVs.

Electric vehicle (EV) manufacturer Rivian (NASDAQ: RIVN ) is seeing its hopes for a return of bullish momentum stunted after a disappointing showing in the second quarter. During the period, losses widened despite the company focusing on cost management.

Rivian Automotive Inc. told Wall Street that gross profit is in sight, but its recent quarterly report did little to remove concerns that a “bumpy” road could be ahead for the EV maker.

Shares of Rivian Automotive (RIVN) fell Wednesday, a day after the electric vehicle (EV) manufacturer's second-quarter net loss widened as it continued to lose money on each unit it sells.