Can Rivian Navigate Tariff Turbulence to Reach Profitability?

2025 m. gegužės 7 d., 03:17

Rivian, an electric vehicle startup, is at a crucial juncture amid tariffs and dropping revenues, from $1.73 billion to $981.21 million. The company faces challenges from President Trump’s tariffs on steel, aluminum, and battery cells, potentially inflating costs. Rivian produced 14,600 vehicles but delivered only 8,640, impacting growth and delivery targets. Financial...