Rivian reduces delivery instructions due to Trump’s tariff and commercial wars

Rivian says it is possible that you will provide fewer cars this year than it was previously expected due to President Trump’s tariff and other organizational changes, making it the latest auto industry company affected by the chaotic economic policies of the new administration.

The company said on Tuesday that it expects to provide between 40,000 and 46,000 EVS by the end of 2025. This is despite the rural saying One month ago She was still being held for her estimate to provide 46,000 to 51,000 cars this year.

The Rivian Declaration comes days after the withdrawal of both Ford and General Motors with their guidelines, noting the economic uncertainty regarding Trump’s definitions. Ford said it expected the customs tariff to add $ 2.5 billion of costs over 2025, while General Motors told investors that it expects the impact to be about $ 5 billion.

Rivian Investors warned in February that “changes in government policies and regulations, and the difficult demand environment” can threaten the demand for their vehicles. Things can become more difficult if the Trump administration, Congress or both are Decide the killing Federal tax credit of $ 7500 for EVS.

The presentation of less than 46000 EVS will be a step back to the electric car manufacturer, as the company was already tracking in its third year in a row without growing in size before the direction is reduced. Rivian delivered 51,579 vehicles in 2024 and 50,122 in 2023. R2 SUV will not come at reasonable prices, which are expected to be presented in larger numbers, until 2026.

The company said on Tuesday that it managed to achieve $ 206 million of total profits in the first quarter of 2025, 8,640 delivery. This was the second consecutive quarter that the company managed to make a total profit.

Although the total profit may seem good in the public budget, net income provides a more realistic vision of the costs. The company has reported that it lost more than $ 540 million of net income in a quarter. Car revenue has shrunk to $ 922 million from $ 1.12 billion in the first quarter of 2024, although total revenue increased a little annually thanks to a batch of software sales and services to the company.