.png)
![[Weekly funding roundup May 17-23] VC inflow remains steady](https://images.yourstory.com/cs/2/220356402d6d11e9aa979329348d4c3e/Weekly-funding-1741961216560.jpg)
Should Investors Be Concerned About Rivian's Recent Delivery Results?
It seems like ages ago, but many investors forgot that at the end of 2023, Rivian Automotive (NASDAQ: RIVN) arguably had more momentum than any other young electric-vehicle (EV) maker. Sales were still heading higher, and the company had received numerous awards for quality and reception of its R1 vehicles.Since then, however, demand has faltered and sales and deliveries have declined. Below, I'll take a look at the first-quarter decline, what happened, and the silver lining for investors.It's a part of the automotive cycle: As vehicles age, demand wanes. Automakers generally offset this with a mid-cycle refresh, which updates a few things and some design features to freshen up the look and stoke demand.Continue reading
It seems like ages ago, but many investors forgot that at the end of 2023, Rivian Automotive (NASDAQ: RIVN) arguably had more momentum than any other young electric-vehicle (EV) maker. Sales were still heading higher, and the company had received numerous awards for quality and reception of its R1 vehicles.
Since then, however, demand has faltered and sales and deliveries have declined. Below, I'll take a look at the first-quarter decline, what happened, and the silver lining for investors.
It's a part of the automotive cycle: As vehicles age, demand wanes. Automakers generally offset this with a mid-cycle refresh, which updates a few things and some design features to freshen up the look and stoke demand.
