Rivian Just Shocked Wall Street--But Not the Way You Think

Ladies and gentlemen, buckle up! Rivian just delivered a quarterly report that has Wall Street scratching its head. But don't let the headlines fool you—this isn't the end of the world for Rivian. In fact, it might just be the beginning of something big. Let's dive in!

First things first, Rivian's first-quarter deliveries were a disaster. The company delivered just 8,640 vehicles, a 36% year-over-year drop. That's the worst quarterly mark since the end of 2022. But here's the thing: Rivian knew this was coming. They've been transparent about the challenges they're facing, including part shortages and soft demand. And guess what? They're still standing.

Now, let's talk about the elephant in the room: the spin-off of the micromobility startup, Also. This isn't just a side project; it's a strategic move to diversify Rivian's revenue streams. Also Inc. will focus on small, lightweight electric vehicles designed for short trips. With $105 million in Series B funding from venture capital firm Eclipse, this spin-off is a big deal. It's a sign that Rivian is thinking long-term and isn't afraid to take risks.

But wait, there's more! Rivian's Q4 2024 earnings report showed a positive gross profit and reduced COGS per vehicle. That's right, folks—Rivian is getting more efficient, and that's a good thing. The company is also reaffirming its 2025 delivery range guidance of 46,000 to 51,000 vehicles. That's a lot of cars, and it shows that Rivian is still in the game.



So, what does all this mean for you, the investor? It means that Rivian is a company to watch. They're not afraid to take risks, and they're making strategic moves to ensure their long-term success. Sure, the first quarter was rough, but Rivian is still standing. And that's something to be excited about.

Don't miss out on this opportunity, folks. Rivian is a company on the move, and it's time to get on board. Stay tuned for more updates, and remember: the market is a fickle beast, but Rivian is a company with a vision. And that's something worth investing in.