Crypto Analyze

Rivian follows Tesla in underperforming sales expectations

2026-01-03 11:15

Rivian follows Tesla in underperforming sales expectations

Rivian Automotive reported disappointing 2025 delivery figures on Friday, delivering 42,247 electric vehicles throughout the year. This represents an 18% decline from the previous year and falls short of analyst expectations of 42,500 deliveries. The autonomous driving industry is experiencing a decline in consumer interest due to high costs. Automakers are reporting low sales after the $7,500 federal EV tax credit expired in September last year. How was Rivian Automotive’s 2025 performance? Rivian delivered 42,247 EVs in 2025, down 18% from 2024 and missing analyst expectations of 42,500 units. The California-based automaker delivered 9,745 vehicles in the fourth quarter alone, narrowly missing Wall Street’s prediction of 10,050 units. During the same period, Rivian produced 10,974 vehicles at its Normal, Illinois, manufacturing facility. Elon Musk’s Tesla also had a rough year as Cryptopolitan reported that the EV maker posted disappointing delivery numbers for 2025. The situation for American EV makers is...

https://www.cryptopolitan.com/rivian-underperforming-sales-expectations/