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Rivian’s Q2 Shock: Tariffs and Lost EV Tax Credits Deepen 2025 Loss Forecast
Rivian’s Q2 Shock: Tariffs and Lost EV Tax Credits Deepen 2025 Loss Forecast
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Rivian just hit a pothole—hard. The EV upstart’s Q2 earnings reveal a grim reality: tariffs and the vanished federal tax credit are accelerating its cash burn.
Wall Street’s favorite ‘next Tesla’ now projects steeper 2025 losses. Turns out building electric trucks is expensive when the government stops footing part of the bill.
Here’s the kicker: Rivian’s bleeding cash faster than a crypto degen on leverage. But hey—at least they’re not alone. The entire EV sector’s learning that subsidies giveth, and tariffs taketh away.
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