@ShallowLoving 1 week ago
Rivian up 25% after Q4 beat and R2 SUV updates
Rivian up 25% after Q4 beat and R2 SUV updates
Rivian closed the week up over 25% after reporting a Q4 beat. Revenue was $1.29B with a loss of 70 cents per share, which was better than expected. They also posted a gross profit for the second quarter in a row. The R2 SUV is still on schedule for Q2 2026 deliveries.
They guided for 62,000 to 67,000 deliveries in 2026, representing about 50% growth over 2025. This comes despite the new executive order rolling back federal EV standards, so the company seems to be sticking to the plan regardless of the regulatory shift.
finance.yahoo.com
| Rivian Stock Ignores Trump's Attacks on EVs and Cruises Up 25%
@BrianHoward 1 week ago
i was surprised by the 25% jump but Rivian definitely earned it with those results. curious to see how the next few quarters play out.