Rivian Rally or Risk? EV Start-up Stock Jumps on Q3 Beat, Layoffs & R2 Hype
Key Facts: Rivian’s stock (NASDAQ: RIVN) closed around $13 on Nov. 4, 2025 (52-week range ~$9.50–$17.15 stockanalysis.com), giving it a market cap of about $15.2 billion stockanalysis.com. In Q3 2025 Rivian delivered 13,201 vehicles (highest quarter of 2025) and reported $1.558 billion in revenue, up 78% year-over-year businesswire.com. Adjusted gross profit turned positive ($24 M) for the quarter businesswire.com. Management kept 2025 delivery guidance at 41,500–43,500 vehicles businesswire.com (midpoint cut vs. prior); losing the $7,500 federal EV tax credit caused a short-term pull-forward of orders, then softer demand reuters.com reuters.com. Rivian announced a 600‑job layoff (4.5%) on Oct. 23 to cut