Rivian Automotive, Inc. / De Stock Price, News & Analysis

Rivian (NASDAQ:RIVN) has announced plans to establish its new East Coast Headquarters in Atlanta, Georgia. The headquarters will be located in the Junction Krog District building and is expected to open in late 2025. The facility will initially employ 100 people, scaling to 500 employees when fully operational.

The announcement complements Rivian's existing investment in Georgia, including its planned 7,500-person manufacturing facility in Social Circle. The headquarters will occupy the top floor and lobby of 667 Auburn Ave NE, strategically positioned along Atlanta's Eastside Trail of the Beltline with easy access to public transportation.

Rivian (NASDAQ:RIVN) has released its Q2 2025 production and delivery figures, reporting 5,979 vehicles produced and 10,661 vehicles delivered. Production was intentionally limited due to preparations for model year 2026 vehicles launch. The company reaffirmed its 2025 delivery guidance of 40,000 to 46,000 vehicles.

In a significant development, Rivian secured a $1 billion equity investment from Volkswagen Group at $19.42 per share, representing a 33% premium to the 30-day VWAP. This investment is part of a larger $5.8 billion technology joint venture agreement between the companies. The company will release its Q2 2025 financial results on August 5th, 2025, after market close.

Rivian (NASDAQ: RIVN) announced that CFO Claire McDonough will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference. The event is scheduled for Thursday, June 12, 2025, at 12:00 p.m. EDT. Investors and interested parties can access a live webcast of the discussion, and a recording will be made available at the same link after the event concludes.

Rivian Automotive announced the pricing of $1.25 billion in senior secured green notes due 2031 with a 10% interest rate. The company plans to use the proceeds, along with cash on hand, to fully redeem its outstanding floating rate senior secured notes due 2026. The new notes will be guaranteed by Rivian's subsidiaries and secured by company assets. The offering, expected to close on June 12, 2025, is limited to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. The notes will have first-priority security on most company assets (except ABL Priority Collateral) and second-priority security on inventory, receivables, and certain deposit accounts.

Rivian Automotive announced a $1.25 billion senior secured green notes offering due 2031, aimed at refinancing its outstanding senior secured notes due 2026. The offering will be conducted through its subsidiaries (Rivian Holdings, Rivian LLC, and Rivian Automotive LLC) and is subject to market conditions. The notes will be guaranteed by subsidiaries that guarantee Rivian's senior secured asset-based revolving credit facility and will be secured by company assets. The offering is exclusively available to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act. The notes will be secured by first-priority claims on most company assets, except for ABL Priority Collateral, and will include first-priority claims on Rivian New Horizon assets once the Department of Energy loan facility is funded.

Rivian (NASDAQ: RIVN) has announced that its Founder and CEO RJ Scaringe will participate in a fireside chat at the UBS Auto & Auto Tech Conference. The event is scheduled for Wednesday, June 4, 2025 at 8:50 AM ET. The company will provide a live webcast of the presentation for interested viewers.

Rivian Automotive (NASDAQ: RIVN) has announced that its Founder and CEO RJ Scaringe will participate in a fireside chat at the TD Cowen 9th Annual Future of the Consumer Conference. The event is scheduled for Tuesday, June 3, 2025, at 3:30PM ET. The company will provide a live webcast of the discussion for interested viewers.

Samsara (NYSE: IOT) and Rivian (NASDAQ: RIVN) have announced a strategic partnership to streamline electric fleet management. The integration enables Samsara customers to access Rivian vehicle data directly through the Samsara Platform, providing real-time visibility into essential metrics like GPS location, odometer readings, and state of charge.

The collaboration offers key benefits including unified data viewing, enhanced real-time visibility, scalable fleet management solutions, and simplified operations with immediate activation. Fleet managers can monitor comprehensive vehicle operations data including location, speed, mileage, state of charge, and seatbelt usage, particularly beneficial for last-mile delivery and rental operations.

The integration is now available to customers in the United States through the Samsara App Marketplace.

Rivian (NASDAQ: RIVN) reported strong Q1 2025 financial results, achieving its second consecutive quarter of gross profit at $206 million. This milestone unlocked an expected $1 billion investment from Volkswagen Group, set to be funded by June 30, 2025. The company produced 14,611 vehicles and delivered 8,640 units in Q1. Due to global trade impacts, Rivian revised its 2025 delivery outlook to 40,000-46,000 vehicles. The company maintains its adjusted EBITDA loss forecast of $(1.7B) to $(1.9B) and expects modest positive gross profit for full-year 2025. Capital expenditure guidance was raised to $1.8B-$1.9B. Notable achievements include completing over 36,000 demo drives in Q1 and securing HelloFresh's Factor as its first major commercial van fleet customer with 70 vehicles.