Rivian falls after Q2 deliveries decline sharply as tariffs hit demand

ReutersJul 2, 2025 1:37 PM

EV maker Rivian Automotive's RIVN.O shares fall 1.8% to $13.23 in morning trading

Co says it delivered 10,661 vehicles for the quarter ended June 30, a decline of 22.7% from a year earlier

RIVN produced 5,979 vehicles in Q2, compared with Visible Alpha estimates of 11,330 vehicles

Co reiterates its 2025 deliveries forecast range of 40,000 to 46,000 vehicles

Co says it will release Q2 financial results on August 5 after market close

As of last close, stock up ~1% this year

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