1. Q4 earnings beat expectations; 2025 guidance remains weak due to uncertainties. 2. CEO Scaringe cites tariffs and EV credit removal as pricing risks for Rivian. 3. Projected 2025 deliveries (46K-51K) fall below 2024 figures and analyst estimates. 4. Trump’s tariff threats on Canada and Mexico add to market uncertainty for EVs.
Despite strong Q4 earnings, the weak 2025 guidance signals concerns over future growth. Historical episodes show that missing guidance targets can trigger investor sell-offs and lower stock prices.
The mixed news—strong earnings but concerning outlook—directly affects investor sentiment and market expectations for Rivian. Tariff risks and EV credit changes introduce policy uncertainty that can influence pricing and production plans.
The immediate reaction from investors to downgraded future delivery guidance and policy uncertainties can depress prices in the near term. Similar near-term impacts were seen when policy risks affected other EV makers.