Rivian Automotive, Inc. ( RIVN ) Barclays 16th Annual Global Automotive and Mobility Tech Conference November 19, 2025 11:25 AM EST Company Participants Claire McDonough - Chief Financial Officer Conference Call Participants Dan Levy - Barclays Bank PLC, Research Division Presentation Dan Levy Barclays Bank PLC, Research Division Okay. Thanks, folks.
Shares of Rivian Automotive Inc. (NASDAQ: RIVN) are changing hands for 14.6% less than a week ago, after the board approved a new compensation package for the CEO, the scope of its partnership with Volkswagen expanded, and it announced a 4% workforce reduction.
Tariff costs are trending lower, and the U.S. administration is extending relief. Tesla is in a major transition moving towards AI, robotics, and self-driving vehicles.
Tesla shareholders approved a lucrative award package worth up to $1 trillion. Rivian is also preparing a 10-year deal for its CEO with new performance benchmarks.
Rivian benefited from customers tapping into the expiring EV tax credits. Tariff costs will be in the hundreds of dollars per vehicle, instead of thousands.
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