Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

A Slew of Good News for Rivian Investors

Source The Motley Fool

Rivian Automotive (NASDAQ: RIVN) might have a more subdued 2025 with the company having zero vehicle launches, but the young electric vehicle (EV) maker has had plenty of news for investors to digest recently. The company received a massive endorsement from someone in the EV world, received positive news from the Biden administration, and one of its vehicles ranked in the top 10 for U.S. EV sales.

Let's dig into the details of all three developments.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks »

Rush delivery

One of Rivian's biggest victories in 2024 was receiving a conditional commitment from the Department of Energy's Advanced Technology Vehicle Manufacturing loan program for up to $6.6 billion. But the victory came with a caveat; the funds couldn't be distributed before specific financial documents and other conditions were completed to close the deal.

The problem with the commitment not being closed quickly is that the incoming administration has made it clear its intentions to pull back support for the EV industry, and could complicate or cancel the DOE commitment to Rivian. The good news is that the Biden administration pushed through the finalizing of the commitment, and as of Thursday, Jan. 16, it was announced that the loan agreement had officially closed -- and so the funds can now be distributed without further complications.

The funds will go directly to building the company's second factory in Georgia, which had previously been delayed amid the R2's planned production move to Rivian's original factory in Illinois. This will help pave the way for additional R2 production capacity, as well as the R3, and R3X, which is expected to begin in late 2026 or early 2027.

Unique endorsement

Meanwhile, Rivian received a fine compliment from EV visionary and enthusiast Mate Rimac. Rimac is the man behind the Croatian electric hypercar brand and CEO of Rimac Group, which also includes Bugatti Automobiles.

"Had the honor to have RJ show me the car (inside and out) at Pebble Beach," wrote Mate as a response to a post on Facebook, according to InsideEVs. "Love it, but especially the R3X. Would buy it in a heartbeat if it was available in Europe."

Not only was the endorsement a positive development, but it actually marks a pretty large flip flop by Rimac. Rimac visited Rivian's Illinois headquarters six or seven years ago and was skeptical about the brand and vehicle design. He's since switched his position and admits the design has grown on him.

It's a great sign for Rivian that it's connecting not only with consumers, but also with EV and automotive enthusiasts. That's exactly the goal of the performance-oriented R3X, which will actually begin production before the base R3 model.

In the rankings

With competition intensifying and the number of new EV models on the roads increasing, it's a bigger deal than ever to rank in the U.S. top 10 EV sales -- and Rivian accomplished just that in 2024. Rivian's R1S ranked as the 10th best-selling EV in the U.S. with a 23% gain over the prior year.

It was a solid showing considering four new vehicles joined the ranking and five of last year's top 10 dropped out of the list. While Rivian's top 10 position is positive for the company, it's also fair to note that even with Tesla's sales down 5.6% compared to the prior year, the EV maker still dominates, with the Model Y and Model 3 making up 28.6% and 14.6% of U.S. EV sales in 2024, respectively.

What it all means

Rivian will remain somewhat in limbo throughout 2025 as investors await the production of the R2 in 2026, but that doesn't mean there aren't developments worth following. Rivian closing the DOE loan before the incoming administration takes over is huge, and a ringing endorsement from an EV visionary who was originally a skeptic bodes well for the brand image. Ranking top 10 in U.S. EV sales is a cherry on top.

It's all just a little good news for Rivian investors as 2025 gets underway.

Should you invest $1,000 in Rivian Automotive right now?

Before you buy stock in Rivian Automotive, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Rivian Automotive wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $901,323!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

Learn more »

*Stock Advisor returns as of January 21, 2025

Daniel Miller has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

October hike odds climb toward 60% as Goldman and BofA both flip — what Warsh's "dose of accommodation" really changed Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.

Author Irene Q.

Sep 23, Wed

Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.

Four jobs reports in five days: what JOLTS, ADP, claims and the September payrolls mean for the October Fed decision The US labour market faces its densest data week of the month. JOLTS job openings land Tuesday (7.2 million expected), ADP on Wednesday (70,000 expected), initial claims on Thursday and the September non-farm payrolls on Friday (100,000 expected, down from 162,000). Markets price a 64%-70% chance of another quarter-point Fed hike on October 28. The dollar index sits at 100.77 and the S&P 500 at 7,729.8.

Author Mitrade

Sep 28, Mon

The US labour market faces its densest data week of the month. JOLTS job openings land Tuesday (7.2 million expected), ADP on Wednesday (70,000 expected), initial claims on Thursday and the September non-farm payrolls on Friday (100,000 expected, down from 162,000). Markets price a 64%-70% chance of another quarter-point Fed hike on October 28. The dollar index sits at 100.77 and the S&P 500 at 7,729.8.

Nvidia's $150 billion buyback landed — and the AI sector fell anyway. That's the signal worth trading Nvidia closed up 1.68% at $228.86 on 28 September after announcing a $150 billion share repurchase authorisation, the largest single corporate buyback on record, while the rest of the AI complex sold off: AMD -3.6%, Micron -2.6%, Meta -4.8% and the Philadelphia Semiconductor Index -1.61%. The divergence is not noise. Capital is rotating toward cash-flow certainty, not abandoning the AI theme. With Micron reporting after the close on 30 September, here is what the split means.

Author Irene Q.

Sep 29, Tue

Nvidia closed up 1.68% at $228.86 on 28 September after announcing a $150 billion share repurchase authorisation, the largest single corporate buyback on record, while the rest of the AI complex sold off: AMD -3.6%, Micron -2.6%, Meta -4.8% and the Philadelphia Semiconductor Index -1.61%. The divergence is not noise. Capital is rotating toward cash-flow certainty, not abandoning the AI theme. With Micron reporting after the close on 30 September, here is what the split means.

【Daily Brief】30-year Treasury tops 5.59%, S&P 500 slips to 7,670 and gold holds $4,180 — PCE lands tonight The 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.

Author Suzie

Sep 30, Wed

The 30-year Treasury yield closed at 5.59%, its highest since June 2002, and the Dow fell 131.59 points to 51,349.92. US consumer confidence dropped to 81.9, a 12-year low, and JOLTS job openings fell to 7.1 million. August PCE and Q3 GDP both land at 8:30am ET tonight.

Gold falls to near $4,150 as higher Treasury yields, oil prices outweigh softer PCE inflation Gold price (XAU/USD) tumbles to near $4,150 during the early Asian session on Thursday, pressured by elevated US Treasury bond yields. Traders await the US September employment data for fresh impetus, which will be released later on Friday.

Author FXStreet

10 hours ago

Gold price (XAU/USD) tumbles to near $4,150 during the early Asian session on Thursday, pressured by elevated US Treasury bond yields. Traders await the US September employment data for fresh impetus, which will be released later on Friday.

Popular Symbols