Rivian’s EV Gamble: $5B Factory Bet and Tax Credit Cliff – Stock Poised to Explode or Crash?
Stock Price & Recent Performance Rivian’s stock climbed steadily in mid-2025 as production efficiencies and partnerships were announced, but has pulled back sharply since late Sept. It hit a multi-month high (~$15.50) around Sept 26investing.com, then plunged ~7% on Oct 2 to about $13.5 on heavy volumets2.techinvesting.com. This coincided with the Q3 delivery report and lowered guidance that dayts2.techreuters.com. By Oct 10 the stock was around $12.80investing.com, down ~3% over the prior week and ~18% from September highs. Over the past year RIVN is up roughly 37%ts2.tech, reflecting earlier optimism. However, recent daily charts show five straight down days (as