Have you heard about the latest figures from Rivian Automotive $RIVN (-10,51%) have you heard? The electric car pioneer once again posted losses in the fourth quarter of 2024, although they were lower than in the previous year. With a loss of USD 0.70 per share, the company disappointed analysts, who had expected a loss of USD 0.680.
On the positive side, Rivian was able to increase its revenue to USD 1.73 billion, which is above the estimate of USD 1.40 billion. Nevertheless, the forecast for 2025 is sobering: Rivian plans to deliver only 46,000 to 51,000 vehicles, which is below expectations of 55,000 units.
As a result, Rivian's share price is weak and temporarily fell by 4.59% to USD 12.99 on the NASDAQ. How do you see Rivian's future? Is the electric car manufacturer on the right track or does it face even greater challenges? đ