Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability.The EV-maker brought in $1.2 billion in revenue in the period, coming in just under its record haul from the prior quarter, according to its first-quarter earnings report that was released Tuesday after markets closed. That’s slightly more than the $1.16 billion expected by Yahoo Finance analysts. Rivian’s revenue grew 82% from the $661 million it ...

生产和销售 - Rivian在2024年第一季度生产了13,980辆车并交付了13,588辆车[2] - R1S成为了美国第一季度第四畅销的电动车，也是美国售价超过7万美元的电动车中最畅销的[3] - Rivian计划在Normal工厂每年生产215,000辆车，同时实施成本效率路线图，以确保除了新生产能力和工装投资外，实现正的自由现金流[2] - R2、R3和R3X的推出将有助于Rivian长期增长和盈利潜力，扩大了Rivian的可寻址市场，并专注于降低制造复杂性和成本效率[23] 库存和成本 - 截至2024年3月31日，库存因LCNRV而减记了3.28亿美元，另外还有与公司购买承诺相关的45百万美元的LCNRV损失[50] - 我们预计随着时间的推移，LCNRV减记和公司购买承诺损失的金额将减少，这有望增加净库存余额，降低每辆车的成本[50] - 我们预计在2024年第四季度实现正的毛利润，并因此预计到2024年底，我们在Normal工厂生产的商品将不再有重大的LCNRV库存费用[50] 费用和亏损 - 我们在2024年第一季度的总营业费用增长至9.57亿美元，相比去年同期的8.98亿美元[53] - 2024年第一季度的研发费用为4.61亿美元，相比去年同期的4.96亿美元有所下降，主要是由于R1平台设计和技术升级的工程、设计和开发成本减少[54] - 2024年第一季度的销售、一般和管理费用为4.96亿美元，相比去年同期的4.02亿美元有所增加，主要是由于服务和销售人员数量增加导致的薪资和相关费用增加[55] - 我们在2024年第一季度的营运亏损为14.84亿美元，相比去年同期的14.33亿美元有所增加[56] 调整后的财务指标 - 2024年第一季度的调整后研发费用为3.19亿美元，相比去年同期的3.79亿美元有所下降[57] - 2024年第一季度的调整后销售、一般和管理费用为3.58亿美元，相比去年同期的2.96亿美元有所增加[58] - 我们在2024年第一季度的净亏损为14.46亿美元，相比去年同期的13.49亿美元有所增加[60] - 2024年第一季度，公司调整后的研发支出为319百万美元，较上一季度的379百万美元有所下降[74] - 2024年第一季度，公司调整后的销售、总务和行政支出为358百万美元，较上一季度的296百万美元有所增加[74] - 2024年第一季度，公司调整后的营运支出为677百万美元，与上一季度持平[76] - 2024年第一季度，公司调整后的EBITDA为-798百万美元，较上一季度的-1,020百万美元有所改善[76] - 2024年第一季度，公司调整后的净亏损为-1,215百万美元，较上一季度的-1,165百万美元略有增加[75] - 2024年第一季度，公司调整后的每股净亏损为-1.24美元，略低于上一季度的-1.25美元[75] - 2024年第一季度，公司自由现金流为-1,523百万美元，较上一季度的-1,804百万美元有所改善[77] 其他 - 公司在财报电话会议中提到，未来的经营、计划和业务战略，以及成本削减策略和预期成本节省等方面都是重点关注的内容[78] - 公司强调了非GAAP财务指标的重要性，包括调整后的研发费用、销售、总务和行政费用、总调整后运营费用、调整后EBITDA、调整后净亏损、调整后每股净亏损和自由现金流等[81] - 调整后的EBITDA是指在计算净亏损时排除利息费用（收入）、所得税准备金、折旧和摊销、股权报酬、其他费用（收入）、净特殊项目等[87]

Rivian Automotive (NASDAQ:RIVN) is the next electric vehicle manufacturer to report quarterly results. While not for certain that Rivian stock surges once the latest numbers hit the street, a post-earnings rally isn’t out of the question.Peer Lucid Group (NASDAQ:LCID) may have tanked after its latest quarterly earnings release, but Rivian’s deliveries beat could in hindsight prove to the prelude to improved results and upbeat corporate updates and guidance.Yet while a positive reaction to this upcoming even ...

Will Apple save Rivian stock? (And what if it doesn't?)Rivian Automotive (RIVN -0.14%) stock soared more than 8% in early trading on the Nasdaq this morning. (Hurray!)Then its stock turned tail, gave back most of its gains, and as of 10:30 a.m. ET, it was up only 1.6%. (Boo!)Why did Rivian stock rise and then fall back again? The answer is just one word: Apple (AAPL 0.05%).Rivian and Apple: A match made in heaven? (Or perhaps Detroit?)So, here's the big news today about electric truck company Rivian and tec ...

财报与业绩预期 - 分析师预计公司第一季度每股亏损1.15美元 较上年同期每股亏损1.25美元有所改善 同时预计营收同比增长100%至11.7亿美元 [1] - 公司第四季度每股亏损1.36美元 营收同比增长一倍至13.1亿美元 略高于分析师预期的每股亏损1.35美元和12.8亿美元营收 [7] 股价与市场表现 - 公司股价在盘前交易中上涨8% 随后在常规交易时段上涨2.2%至10.56美元 突破50日均线 [2] - 截至周一收盘 公司市值为101亿美元 [2] 生产与交付数据 - 第一季度汽车交付量为13,588辆 产量为13,980辆 超出分析师预期的13,000辆 [3] - 公司重申2024年生产57,000辆汽车的指引 预计2024年交付量将实现低个位数增长 [3] - 第一季度交付量环比下降3% 优于公司此前预期的10%-15%降幅 [4] 新产品与战略 - 公司推出起售价约45,000美元的R2车型 预计2026年上半年开始交付 并在24小时内获得超过68,000份预订 [5][6] - 同时发布基于R2平台的R3和R3X车型 但未公布具体定价和交付时间 R3定价将低于R2 [5][6] - 暂停投资50亿美元的乔治亚州工厂建设 改为在伊利诺伊州工厂生产R2车型 [5] 资金状况与成本控制 - 公司获得伊利诺伊州政府8.27亿美元资金支持用于扩建工厂 [3] - 首席财务官表示现有资金可支撑运营至2025年 将通过提升成本效率和优化资本结构维持财务状况 [7] - 2月宣布裁员10%以控制成本 [7] 行业合作与分析师观点 - 市场传闻苹果可能寻求与公司建立合作关系 摩根士丹利分析师认为合作有助于新产品规模化 [1] - 摩根士丹利分析师提出公司应考虑在开发关键阶段引入战略合作伙伴 [1]

It’s obvious to anyone not part of the Elon Musk cult that the wheels have come off Tesla (NASDAQ:TSLA). Tesla stock is going to keep suffering. Sales are falling. The product line is aging and Tesla is shedding employees. Musk’s attention is easily diverted. Its innovations, both in making cars and keeping them going, are being cast aside.There is a way to make this right. The idea springs from the $47 billion in stock Musk wants from Tesla’s board. They can do something much better with that money.M&A and ...

Electric vehicle (EV) maker Rivian Automotive Inc (NASDAQ:RIVN) will announce first-quarter earnings after the market closes tomorrow. The security is up 1.9% to trade at $10.27 at last check, but is running into resistance from the 40-day moving average, while the $11 region could emerge as a ceiling. Shares are today eyeing their fourth-straight daily gain, but are down 48.3% in 2024.The equity has a troubling recent history of post-earnings reactions. The shares finished five of their eight next-day sess ...

Electric vehicle (EV) maker Rivian Automotive (RIVN) made its blockbuster market debut in 2021. In fact, it was the largest IPO of the year, capitalizing on the excitement surrounding green vehicles. Within a mere week of its debut, the stock rocketed 120% from its IPO price of $78/share, closing at a record high of $172.01 on Nov 16, 2021. At its peak, the market cap of the company exceeded $150 billion—outstripping even legacy automakers like General Motors (GM) and Ford (F) .Fast forward to the present, ...

An unexpected effect of a possible second Trump presidency, as it turns out, might be a significant boost for the stock of the currently-embattled electric (EV) maker Rivian (NASDAQ: RIVN).Indeed, at a rally speech, presidential candidate Donald Trump warned – or promised, depending on the perspective – that he will, should he get elected, impose a 100% tariff on foreign-made electric vehicles. While Trump specifically singled out Chinese plans for making massive production facilities in Mexico as a big dan ...

Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, known as the R2.The company announced Thursday that the State of Illinois Department of Commerce and Economic Opportunity will dole out the funds to help expand its existing factory in Normal, IL, as well as build out supporting infrastructure and boost job training programs for Rivian’s workforce. Updates to the factory will begin “in the coming months.”The funding announcement ...