Rivian（NASDAQ：RIVN）的股票比其歷史最高高的股票下跌了93％

事實證明，電動汽車（EV）製造商Rivian（NASDAQ：RIVN）對大多數擁有該股票的人來說是一項痛苦的投資

Electric vehicle (EV) maker Rivian (NASDAQ:RIVN) has proven to be a painful investment for most people who have owned the stock. Its shares today trade 93% below the all-time high of around $172 they hit in November 2021, just days after the company went public.

對於大多數擁有該股票的人來說，電動汽車（EV）製造商Rivian（NASDAQ：RIVN）已被證明是一項痛苦的投資。今天的股票今天股價低於該公司公開發行幾天后，低於他們在2021年11月的歷史最高高點。

To be fair, however, the stock was relatively overvalued at the time. And some investors may be looking at its now much cheaper valuation as an opportunity.

但是，公平地說，當時的股票相對高估了。一些投資者可能正在將其更便宜的估值視為一個機會。

The next 12 months will present significant opportunities for Rivian as it rolls out its new R2 SUV and R3 crossover models. The arrival of those lower-priced mass-market EVs will expand its ability to capture some market share from embattled EV powerhouse Tesla. But will the company ever be able to staunch its relentless outflows of cash?

接下來的12個月將為Rivian推出新的R2 SUV和R3跨界車型，為Rivian提供了重要的機會。那些低價大眾市場電動汽車的到來將擴大其從四面楚歌的電動汽車電動汽車特斯拉（Tesla）捕獲一些市場份額的能力。但是，該公司是否能夠堅持不懈的現金流出？

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現在在哪裡投資1,000美元？我們的分析師團隊剛剛透露了他們認為現在要購買的10種最佳股票。繼續閱讀以獲取他們的選擇和對每個人的分析。

10 stocks we like better than Rivian

我們比Rivian更好的10種股票

Part of what has kept interest in Rivian relatively low in 2024 is the fact that the U.S. economy has slid into a recession, which could put a damper on consumer demand for vehicles. That factor, along with a 25% tariff President Donald Trump imposed on vehicles and auto parts imports, has battered Tesla.

在2024年，人們對里維安的興趣相對較低的一部分是，美國經濟已經陷入了經濟衰退，這可能會使消費者對車輛的需求受到阻礙。這一因素，以及25％的關稅總統唐納德·特朗普（Donald Trump）對車輛和汽車零件進口施加了襲擊，這使特斯拉（Tesla）毆打。

The electric vehicle giant's first-quarter deliveries fell 13% year over year, largely due to the backlash against CEO Elon Musk's actions in Washington. That could create an opening for Rivian to capitalize on Tesla's damaged brand with consumers who still want to buy an EV but don't want to put money in Musk's pocket.

這家電動汽車巨頭的第一季度交付同比下降了13％，這在很大程度上是由於對首席執行官埃隆·馬斯克（Elon Musk）在華盛頓的行動的反對。這可能為Rivian提供一個開幕式，以利用Tesla損壞的品牌，他們仍然想購買電動汽車，但不想將錢放在馬斯克的口袋裡。

Rivian may also benefit from Trump's tariffs, which are part of a wider trade war with China. The EV maker boasts a highly U.S.-centric supply chain -- its motors and batteries are built domestically, and all its vehicles are assembled in Normal, Illinois. That gives the company an edge over rivals like Ford Motor (NYSE:F), which manufactures the electric Mustang Mach-E crossover in Mexico.

里維安（Rivian）也可能受益於特朗普的關稅，這是與中國更廣泛的貿易戰的一部分。電動汽車製造商擁有高度以美國為中心的供應鏈 - 其電動機和電池是在國內建造的，其所有車輛均以普通的伊利諾伊州組裝。這使該公司比福特電動機（NYSE：F）等競爭對手具有優勢，該競爭對手在墨西哥生產了電動野馬馬赫克交叉。

Of course, Rivian won't be entirely immune to tariff-related fallout. Like all automakers, it relies on a complex international supply chain for sourcing electronic components and core materials such as steel and aluminum, which now face significantly higher import taxes. That could erode gross margins across the U.S. auto industry. And as a small and still unprofitable company, Rivian will be less able to absorb those higher costs than its larger rivals.

當然，Rivian不會完全免受與關稅有關的影響。像所有汽車製造商一樣，它依靠一個複雜的國際供應鏈來採購電子組件和核心材料，例如鋼和鋁，這些材料現在面臨著更高的進口稅。這可能會削弱整個美國汽車行業的毛利率。作為一家小型且仍然無利可圖的公司，利維安（Rivian）比其更大的競爭對手所吸收這些成本更高的能力。

Rivian's Q4 results were a mixed bag. The good news was that total revenue jumped 32% year over year to $1.73 billion, driven by a spike in sales. Its operating losses dropped 58% to $661 million. While that was still a massive loss for a company of Rivian's size, things are moving in the right direction, and it now has a pathway to profitability and positive cash flow if it can continue scaling up its business model while keeping costs under control.

里維安（Rivian）的第四季度結果是一個混合的袋子。好消息是，由於銷售激增，總收入同比增長了32％，達到17.3億美元。其營業損失下降了58％，至6.61億美元。儘管這對於利維安（Rivian）規模的公司而言，這仍然是巨大的損失，但事情正在朝著正確的方向發展，現在，如果它可以繼續擴大其業務模型，同時保持成本受到控制，那麼現在它具有通往盈利能力和正現金流量的途徑。

Image source: Getty Images.

圖像來源：蓋蒂圖像。

But success is far from guaranteed. Investors won't get to see Rivian's first-quarter earnings until early May, but its early production and delivery reports for the period were disappointing: It delivered a total of just 8,640 R1T and R1S vehicles in the quarter, 36% fewer than in the prior-year period.

但是成功遠非保證。直到5月初，投資者才能看到Rivian的第一季度收益，但是該期間的早期生產和交付報告令人失望：本季度總共只提供了8,640 R1T和R1S車輛，比上一年少36％。

Rivian may have reached the limits of consumer demand for its high-end EV trucks and SUVs, which face intense competition from alternatives like General Motors' (NYSE:GM) Cadillac Lyriq and Tesla's Cybertruck -- both of which also experienced softening demand in the first quarter. However, Rivian will broaden its scope beyond the weakening luxury vehicle segment when it begins delivering its new mid-sized electric SUV, the R2, in late 2025. The R2 is expected to start at just $45,000 compared to the full-sized R1S, which starts at around $78,000.

Rivian可能已經達到了消費者對其高端電動汽車卡車和SUV的需求的局限性，這些競爭面臨著諸如通用汽車（NYSE：GM）凱迪拉克·萊利克（Cadillac Lyriq）和特斯拉（Tesla）和特斯拉（Tesla）的塞伯力（Cyber​​truck）等替代方案的激烈競爭 - 這兩者在第一季度都經歷了軟化需求。但是，當Rivian於2025年底開始交付新的中型電動SUV R2時，將擴大其範圍，超越較弱的豪華車細分市場。與全尺寸的R1相比，R2預計將僅起價45,000美元，該R1的起價約為78,000美元。

The next 12 months could be crucial for Rivian as it attempts to launch its new SUVs and maintain strong production levels amid a challenging economic climate. Investors will also be watching closely to see if the company can finally transition to profitability after years of losses.

對於Rivian來說，接下來的12個月可能至關重要，因為它試圖在經濟挑戰性的情況下推出新的SUV並保持強勁的生產水平。投資者還將密切關注，以查看該公司在損失多年後是否可以最終過渡到盈利能力。