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

Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500 A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.

Author Suzie

Sep 14, Mon

A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.

【Daily Brief】10-year Treasury yield briefly tops 5%, S&P 500 slips to 7,602 and the dollar firms at 99.3 as the Fed's decision eve begins The 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.

Author Irene Q.

Sep 15, Tue

The 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.

Silver breaks $64 as precious metals rebound — can gold hold the $4,280 line into the Fed decision?Silver has climbed back above $64 an ounce for the first time this week, leading a broad rebound across precious metals hours before the Federal Reserve delivers what is expected to be its first rate hike since 2023. Spot silver was last at $64.64, up 1.49% on the day, while gold reclaimed $4,300 and platinum and palladium both advanced. The question now is whether the bounce is a genuine turn — or a pause before the Fed's dot plot decides the next move.

Author Suzie

Yesterday 08: 40

Silver has climbed back above $64 an ounce for the first time this week, leading a broad rebound across precious metals hours before the Federal Reserve delivers what is expected to be its first rate hike since 2023. Spot silver was last at $64.64, up 1.49% on the day, while gold reclaimed $4,300 and platinum and palladium both advanced. The question now is whether the bounce is a genuine turn — or a pause before the Fed's dot plot decides the next move.

Dow drops 631 points as the Fed hikes — but futures are rebounding: what's next for US stocks?The Dow fell 631 points and the S&P 500 closed below 7,600 after the Fed hiked rates for the first time since 2023, with the dot plot showing 16 of 18 officials expect more tightening. Asia-session futures are already recovering — here are the levels and analyst views that decide whether 7,500 holds.

Author Irene Q.

9 hours ago

The Dow fell 631 points and the S&P 500 closed below 7,600 after the Fed hiked rates for the first time since 2023, with the dot plot showing 16 of 18 officials expect more tightening. Asia-session futures are already recovering — here are the levels and analyst views that decide whether 7,500 holds.

Dollar index tops 100 for the first time since July as the Fed's hawkish dot plot sinks in The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.

Author Irene Q.

10 hours ago

The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.

Popular Symbols