Rivian CEO says midprice EV sales are still 50% Tesla: ‘That's not a reflection of a healthy market' [Yahoo! Finance]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Yahoo! Finance
At the Fortune Brainstorm AI conference in San Francisco earlier this month, Rivian CEO RJ Scaringe pointed to the scant choices consumers have in picking a midprice EV, noting that Tesla has continued to dominate sales, making up about 50% of the market share, with few other competitors making an impression. “That's not a reflection of a healthy market with lots of choice,” Scaringe said. “If you think of it as a consumer, you have 300 different internal combustion engine choices at that price or lower, and you have maybe one highly compelling EV choice.” EV demand in the U.S. has continued to lag behind other parts of the world, making up just about 5% of new car sales, according to November data from Edmunds. In China, meanwhile, EVs make up more than 50% of the auto market share, China Association of Automobile Manufacturers data shows. Battery-electric cars make up about 16% of the EU market share, per the European Automobile Manufacturers' Association. U.S. automakers are
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RIVN
News
- Why Did Rivian Stock Soar 15% Today? [Yahoo! Finance]Yahoo! Finance
- Rivian Stock Jumps -- Top Analyst Hikes Massive Price Target Ahead of R2 Launch [Yahoo! Finance]Yahoo! Finance
- Stock Market Today, Dec. 18: Rivian Automotive Surges To 52-Week High After Analyst Upgrade and Higher Price Target [Yahoo! Finance]Yahoo! Finance
- Rivian and Shake Shack upgraded, Lennar gets several downgrades [Yahoo! Finance]Yahoo! Finance
- Rivian gains new bull at Baird; unveils new driverless upgrades and features to R1 SUV [Seeking Alpha]Seeking Alpha
RIVN
Earnings
- 11/4/25 - Miss
RIVN
Sec Filings
- 12/18/25 - Form 144/A
- 12/17/25 - Form 4
- 12/15/25 - Form 144
- RIVN's page on the SEC website