Rivian Automotive Plummets to 185th in Trading Volume Ranking as Stock Drops 4.69 Percent
On March 28, 2025, rivian automotive (RIVN) experienced a significant decline, with its trading volume reaching $447 million, marking a 44.14% decrease from the previous day. This placed rivian at the 185th position in terms of trading volume for the day. The stock price of Rivian Automotive (RIVN) fell by 4.69%.
Rivian's stock has been influenced by various factors, including the potential impact of auto tariffs. The Trump administration's announcement of a 25% tariff on imported autos and auto parts has sparked concerns about increased costs and reduced competition. However, Rivian, which manufactures its vehicles in the U.S., is expected to be less affected by these tariffs compared to other automakers that rely heavily on imported parts and vehicles.
Analysts from UBS have noted that Rivian, along with Tesla, could fare better under the new tariffs because both companies produce 100% of their vehicles in the U.S. This domestic production advantage could help Rivian mitigate some of the financial impacts of the tariffs, although not all components used in their vehicles are sourced domestically.
Ask Aime: What is the impact of the Trump administration's announcement of a 25% tariff on imported autos on Rivian Automotive's stock price and production plans?