Competitive MarketThe EV market is expected to grow more crowded and competitive, increasing the execution risk associated with Rivian's manufacturing volume expansion.
Financial PerformanceRIVN reported 2Q25 results below BofA and Consensus expectations, with gross profit turning back into negative territory and a gross margin miss.
Policy And Regulatory ChallengesThe FY25 Adj. EBITDA guidance was revised down, and regulatory credits are expected to be lower than previously anticipated due to policy changes in the US.