Trump's tariffs could impact Rivian's profitability, with uncertainties leading to guidance withdrawals

From Yahoo Finance: 2025-05-06 13:06:00

Rivian (RIVN) is set to report Q1 earnings, with an expected revenue drop to $981.21 million and an adjusted EPS loss of $0.79. Fewer deliveries were due to seasonality and California wildfires. Analysts watch for cost-cutting measures against Trump’s auto tariffs. Rivian previously projected a 2025 adjusted EBITDA loss of $1.7B to $1.9B.

Trump’s tariffs impact Rivian’s profitability, with uncertainties leading to guidance withdrawals. The future of USMCA parts exemption from tariffs is crucial. Rivian’s R2 production ramp-up, targeting a 2026 launch, hinges on a $6.6 billion Department of Energy loan for a new assembly plant near Atlanta.



Read more at Yahoo Finance: Will tariffs push Rivian deeper into the red?