Rivian Automotive (RIVN) Stock

In the latest trading session, Rivian Automotive (RIVN) finished at $12.51, showing an increase of 0.72% compared to the day before.

Rivian Automotive (RIVN) has been getting a lot of interest from users on Zacks.com recently. As a result, it's important to understand the factors that could affect the stock's future.

Investors who take a quick look at Rivian (RIVN -2.28%) stock might choose to stay away from the company in 2025, as it seems to lack significant growth drivers. The next vehicle, the R2, is not set to start production until early 2026, with the R3X and R3 following after that.

Rivian (NASDAQ: RIVN), a company famous for its electric trucks and SUVs, has had a rocky path with its stock price since it went public in November 2021.

RJ Scaringe, the CEO of Rivian Automotive RIVN, is not worried that Donald Trump's plan to remove the $7,500 federal tax credit for electric vehicles will signal the end for EVs. He believes that the future of electric vehicles remains strong despite this proposal.

Improvements in battery technology, better charging facilities, and decreasing prices may lead to more people using electric vehicles (EVs). These advancements could make EVs more popular among consumers.

This week, Rivian Automotive's shares (RIVN 2.24%) fell. By the end of the market, the stock had dropped by 10.1%, although it had decreased by as much as 12.2% earlier in the week, based on information from S&P Global Market Intelligence.

Rivian Automotive (RIVN 2.80%) shares are rising in Friday's market. As of 2 p.m., the price of the electric vehicle (EV) company's stock increased by 3.2%.

Rivian Automotive (RIVN -1.58%) may have a quieter 2025 since it won't be launching any new vehicles, but there has been a lot of important news for investors lately. The company got a significant endorsement from a notable figure in the electric vehicle industry, received good news from the Biden administration, and one of its models made it into the top 10 for electric vehicle sales in the U.S.