Rivian Stock Falls 12% in First Half of 2026 Amid Rising Costs and Declining EV Sales
In the first half of 2026, Rivian stock fell by nearly 12%, driven by declining U.S. electric vehicle sales (-28%), rising costs, expired tax credits reducing demand, and widening losses in Q1 2026 with an adjusted EBITDA loss of $427 million. Despite these challenges, the company launched its R2 model and raised delivery estimates for 2026.
Tickers: $RIVN
Topics: earnings report electric vehicles EV industry trends Rivian performance