Rivian basically dropped a bombshell with its delivery 14,183 vehicles into the market in Q4 2024, which crushed Wall Street expectations of 13,000. This fact sent its share price to go as high as 23% this very morning. That’s a massive flex especially when Tesla (NASDAQ:TSLA) fell short in the same quarter.
What is driving this? Rivian has officially passed the nightmare of component shortage and has now been cleared for a steady, continual roll-out of its R1 and RCV platforms. It’s not just numbers: it’s turning the world’s vision in an extremely competitive EV market.
Rivian shares have had their fair share of whiplashes53 moves over 5% in the past yearbut this jump feels different. It somehow feels that the market sees this as more than just a headline; it’s a shift in investor confidence. Still, not all bubble up through champagne.
Baird analyst Ben Kallo cut the stock recently, citing worries of Rivian’s 2025 growth catalysts. But the kicker? Rivian just proved she can punch above her weight, and the market loves an underdog story, especially when buoyed by results.
For those early investors, this has been somewhat of a ride. Their 1,000 dollar investment at IPO is now worth just 155.8 dollars-a punch in the gut, no question. But what about those jumping in now? This victory in Q4 may mark the beginning of a much more stable path for Rivian.
It is a moment of truth for Rivian as it fights to find its identity in an increasingly competitive EV space. The lingering question: Is this the beginning of real change or just a lucky quarter? That is what investors are watching closely.
