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Rivian Shares Drop 7.2% Amid Delivery Adjustments

10/2/2025

49 7 Full Breakdown

Summary

Rivian Faces Uncertainty

Rivian Automotive shares fell 7.2% after narrowing 2025 delivery to 41,500-43,500 from 40,000-46,000.
Rivian delivered 13,201 vehicles in Q3, above 12,690; production reached 10,720.
The expiration of the $7,500 federal electric-vehicle (EV) tax credit creates market uncertainty.
Rivian’s deliveries are projected to decline 16% from 2024’s total of 51,579.
Rivian has posted consecutive quarters of positive gross profit.

Summary

Nio Achieves Record Deliveries

Nio Inc. reported record deliveries for September and Q3, lifting its year-to-date stock 75.5%.
Nio plans to build 4,000+ battery swap stations by 2025, including 1,000 outside China.
Nio aims to double deliveries by 2025 and grow market share in China’s growing new energy vehicle (NEV) sector.
Analysts caution: mean target $6.57, even as UBS upgrades to Buy.

History

Historical Context

The American Recovery and Reinvestment Act of 2009 allocated $2.4 billion to boost electric vehicle (EV) development, paving the way for companies like Rivian and Nio. Rivian, which began delivering vehicles in 2021, reported 13,201 deliveries in Q3 2023. The recent expiration of the $7,500 federal EV tax credit raises uncertainty for Rivian, while Nio's record deliveries underscore the competitive EV market.

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Rivian Faces Uncertainty

Rivian Automotive shares fell 7.2% after narrowing 2025 delivery to 41,500-43,500 from 40,000-46,000.
Rivian delivered 13,201 vehicles in Q3, above 12,690; production reached 10,720.
The expiration of the $7,500 federal electric-vehicle (EV) tax credit creates market uncertainty.
Rivian’s deliveries are projected to decline 16% from 2024’s total of 51,579.
Rivian has posted consecutive quarters of positive gross profit.

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