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Rivian earnings: EV maker cuts delivery guidance because of Trump's tariffs and trade wars | TechCrunch

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Rivian said in its earnings report Tuesday it will likely deliver fewer vehicles this year than previously forecasted due to President Trump's tariffs and
Rivian, the electric vehicle manufacturer, has lowered its delivery guidance for the year due to the impact of former President Trump's tariffs and ongoing trade wars, as reported in their latest earnings statement. The company cited increased costs and supply chain disruptions caused by these trade policies as the primary reasons for the adjustment. Rivian had previously set ambitious targets for vehicle deliveries, but the new guidance reflects a more cautious outlook amid the challenging economic environment. The company remains committed to its long-term goals but is adjusting its short-term expectations to account for the current market conditions influenced by international trade tensions.

Read the Full TechCrunch Article at:
[ https://techcrunch.com/2025/05/06/rivian-earnings-ev-maker-cuts-delivery-guidance-because-of-trumps-tariffs-and-trade-wars/ ]