Electric Vehicles 10 December 2025 - 15 December 2025

Rivian shares traded around $18.70 on December 15, 2025, near multi-month highs after its first Autonomy & AI Day and a wave of analyst price-target changes. The company revealed a custom autonomy chip and subscription package, shifting attention to software revenue. Analyst opinions split on Rivian’s prospects, while technical momentum indicators improved sharply.

Rivian shares closed Friday, Dec. 12 at $18.42, up about 12% after unveiling its first custom self-driving chip and a new Autonomy+ subscription package. The company is shifting away from Nvidia processors, using chips produced by TSMC. An over-the-air update will expand hands-free driving coverage to 3.5 million miles of U.S. roads. The stock rebounded sharply after initial losses on the autonomy news.

Rivian shares jumped 12.11% Friday to $18.42 after the company unveiled new AI and autonomy features, including its own custom chip and a paid driver-assist package. The rally followed a Thursday selloff as investors debated the risks of Rivian building autonomy in-house. Recent comments from Rivian’s autonomy chief highlighted falling lidar costs, fueling speculation about broader sensor adoption.

Rivian shares jumped 17% to around $19 Friday after Needham raised its price target to $23, citing confidence from Rivian’s Autonomy & AI Day. The company unveiled its first in-house autonomy processor and plans to add LiDAR to R2 models by late 2026. Thursday’s selloff followed investor concerns over costs and the long timeline for autonomy monetization.