Rivian founder and CEO RJ Scaringe on Tuesday talked about the Trump administration's tariffs and how the electric vehicle (EV) maker is navigating them during "The Claman Countdown."
Rivian's upcoming quarterly earnings should give good insight about the potential of future margin and revenue expansion. Rivian recently announced first-quarter deliveries of 8,640 which was a 36% YoY decline but above the consensus analysts estimate of 8,200. The trade war and brand backlash for Tesla could increase significantly over the next few months, which should help Rivian build a bett...
Achieving fast revenue growth is impressive, but doing so while generating positive cash flow is the ultimate goal for many companies. These two objectives often work against each other, making it no small feat.
Rivian Automotive (RIVN) stock hasn't been spared from the tariff-inspired market crash. The electric vehicle (EV) company doesn't manufacture overseas, but it still participates in a global supply chain and is reliant on a strong U.S. consumer economy.
Rivian may be poised to thrive amid the escalating trade war, especially with the company's U.S.-based manufacturing and no exposure to China or Europe sales. On the other hand, Rivian's core rival Tesla faces retaliatory tariffs from China and the EU (half of its revenue), alongside tremendous global backlash against Elon Musk. The company's $6.6 billion DOE loan, which was finalized in Januar...
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