Rivian met Q1 production and delivery targets, but Tesla's missed deliveries may impact stock

From Yahoo Finance: 2025-04-03 10:10:00

Rivian (RIVN) exceeded Q1 production and delivery expectations with 14,600 and 8,600 units, respectively. Truist maintains a Hold rating and $14 price target, noting that Q1 numbers align with prior guidance. However, Tesla’s (TSLA) missed Q1 deliveries may impact Rivian’s stock and the EV sector today.

Read more: Rivian’s Q1 production, deliveries in-line with guidance, says Truist