Rivian unveiled upbeat sales. Here’s why the stock is still dropping.
1. Rivian's stock fell nearly 8%, led by cash flow concerns. 2. Sales increased to 13,201 vehicles, surpassing expectations of 12,000. 3. 2025 sales guidance narrowed, reflecting ongoing cash flow worries. 4. CFRA predicts a material drop in EV demand starting this quarter. 5. Rivian's new Georgia plant may add financial strain but bring cheaper models.