This year has been challenging for electric vehicle (EV) stocks. Almost all EV manufacturers have experienced a significant drop in their value.
Rivian (RIVN 2.50%) is losing billions of dollars annually while producing vehicles, and it's also investing in developing its own self-driving technology instead of buying it from other companies. In this video, Travis Hoium discusses why this approach may not be suitable for a company that is still trying to make its mark in the automotive sector.
Nowadays, it appears that every new vehicle produced is more advanced than the last. This is exciting for investors because the increasing technology in these cars is creating new opportunities for making money.
Rivian Automotive (RIVN 1.27%) shares have struggled in 2025, dropping about 15% in value. This decline has led to the company's market value falling below $12 billion.
Rivian Automotive reported a positive gross profit in the fourth quarter of 2024, thanks to $260 million from regulatory credit sales and reduced production costs. Although the delivery forecast for 2025 is not very encouraging, Rivian has a solid financial position with $7.7 billion in cash and a $6.6 billion government loan, which provides funding stability. Additionally, Rivian's valuation at 1.7 times sales is much lower than Tesla's 7.3 times, presenting a more favorable risk/reward opportunity.
Rivian Automotive (RIVN -2.79%) was one of the most popular stocks in the market a little over four years ago. The electric vehicle company launched its shares at $78 each on November 10, 2021, and within a week, the stock price more than doubled, reaching a peak closing price of $172.01.
Rivian Automotive's shares have dropped over 90% since their peak in late 2021. This significant decline indicates that Wall Street is losing faith in the company.
Rivian Automotive (RIVN 2.07%) has had a tough start in 2025, with its shares dropping 14% this year. Although the company has reached its target of making a profit, investors are still uncertain about its future due to increasing competition in the electric vehicle (EV) market.
Rivian Automotive (RIVN 3.73%) disappointed investors with its earnings report last week. Although the electric vehicle (EV) company showed improvement in certain aspects, its production forecast for 2025 did not meet expectations.
In 2024, stocks related to artificial intelligence (AI) performed very well. Nvidia, a major supplier in the industry, has become one of the biggest publicly traded companies globally.