Trump's tariffs hurt Rivian's vehicle delivery forecast

Rivian lowered its vehicle delivery guidance for 2025 due to the impact of tariffs imposed by the Trump administration, signaling potential production challenges. The electric vehicle maker now expects to deliver between 40,000 and 46,000 vehicles, a decrease from its previous forecast. This revision is attributed to rising costs and evolving trade regulations, impacting Rivian's capital expenditures. The company's CFO noted increased expenses per vehicle due to tariffs, while also acknowledging broader economic concerns. Despite its U.S.-centric supply chain, Rivian faces headwinds amid economic uncertainty and potential recession.