RIVN Stock Recent News
RIVN LATEST HEADLINES
Demand for electric vehicles is expected to surge over the next several decades. While much of this growth is expected globally, penetration for EVs is still expected to rise substantially in the U.S., the primary market for both Lucid Group (LCID -2.55%) and Rivian Automotive (RIVN -3.34%).
Rivian Automotive (RIVN -3.34%) has a very promising future. Starting in early 2026, management expects to start production of three new affordable electric vehicles (EVs).
RIVN's AI-powered Rivian Autonomy Platform, standard on R1 models, boosts its edge in the EV driver-assist race.
Tesla (NASDAQ: TSLA) has been on a tough path the last few years. It keeps losing share in its key markets around the globe, especially in the United States, a trend that looks set to continue even though it has slashed prices on its best-selling electric vehicles (EVs).
Rivian Automotive, Inc. (NASDAQ:RIVN ) Deutsche Bank Global Auto Industry Conference Call June 12, 2025 12:00 PM ET Company Participants Claire Rauh McDonough - Chief Financial Officer Conference Call Participants Xin Yu - Deutsche Bank AG, Research Division Xin Yu All right. Welcome to the lunch session at the DB Global Auto Conference.
The markets saw history made earlier this month after President Donald Trump and Tesla (TSLA 0.07%) CEO Elon Musk had a disagreement over public policy via social media in front of the whole world. As a result, Tesla's stock lost about $150 billion in market capitalization in a single day (a new company record).
Rivian Automotive (RIVN) closed at $14.20 in the latest trading session, marking a -1.39% move from the prior day.
When many investors turned to find the next Tesla, which is easier said than done, some turned to the young electric vehicle (EV) maker Rivian Automotive (RIVN -1.49%). The company had proven capable of manufacturing high-quality vehicles, impressed critics and consumers alike, and inked a massive deal for delivery vans (EDVs) with Amazon -- life was good.
Rivian (RIVN 1.04%) stock is priced at a bargain versus other electric car stocks like Tesla and Lucid Group. Shares trade at just 3 times sales versus nearly 7 times sales for Lucid and just over 12 times sales for Tesla.
The EV market is expected to grow at a compound annual growth rate (CAGR) of 32% through 2030, but Rivian Automotive Inc.