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Tesla’s EV rival Rivian warns Trump’s trade war means it will sell fewer of its American-made cars than expected
fortune.com/2025/05/07/trump-trade-war-tesla-rival-rivian-delivery-guidance-warning
Rivian warned it will only deliver between 40,000 to 46,000 vehicles in 2025, after delivering 51,600 last year, revising its earlier guidance. Capex spending will also be $200 million more than anticipated. But a second straight quarter of gross profit helped by the sale of regulatory…
This story appeared on fortune.com, 2025-05-07 12:34:27.