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Rivian's Deliveries Rise 32%, Faces Uncertain Future

10/6/2025

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Story summary
  • Rivian Automotive, Inc. reported Q3 deliveries up 32% YoY but lowered full-year guidance.
  • The expiration of the $7,500 federal EV tax credit adds demand uncertainty for Rivian.
  • Market cap below $20B; Rivian aims three affordable SUVs in 2026.
  • Rivian posted its first gross profit in Q4 2024 but faces sizable EBITDA losses; analysts see a buying opportunity if growth continues.