Rivian reduces vehicle guidance amid tariff turbulence
Tuesday, May 6, 2025, 5:20 pm
Amid turbulent economic policies and trade frictions, electric vehicle maker Rivian has trimmed its delivery forecast. Citing disruptive tariffs and regulatory changes, the company’s revised outlook reflects a cautious approach in these choppy waters, leaving investors to wonder if even EVs aren’t immune to political storms.
Bluesky: @techcrunch.com, @techcrunch.com
EV makers Rivian, Lucid flag increasing costs as tariffs bite Reuters
Rivian said in its earnings report Tuesday it will likely deliver fewer vehicles this year than previously forecasted due to President Trump’s tariffs and other regulatory changes, making it the latest automaker to be affected by the new administration’s chaotic economic policies. The company said…
Rivian says it will likely deliver fewer vehicles this year than previously forecasted due to President Trump’s tariffs and other regulatory changes, making it the latest automaker to be affected by the new administration’s chaotic economic policies. The company said Tuesday it expects to deliver…
permalink / 3 stories from sources in 3 days ago #tariffs #cars #earnings #supplychain
More Top Stories...
Google to Pay Billion-Dollar Settlement Over Texas Privacy Claims
Google has agreed to a settlement of roughly $1.375 billion to settle allegations of invasive data tracking practices in Texas. Both reports detail the breach of users’ sensitive geolocation and privacy rights, marking another hefty reminder that digital privacy demands serious oversight—even if enforcement sometimes seems as elusive as a mirage. More...
Google Gemini API introduces caching to slash developer costs
Google is shaking up the developer playground by adding an implicit caching feature to its Gemini 2.5 API, promising to cut costs by up to 75%. By reusing common data prefixes, this move transforms repetitive prompt handling, making high-powered AI more efficient—and a bit more wallet‐friendly—for tech innovators. More...
Apple Shifts iPhone Production to Brazil to Dodge U.S. Tariffs
Facing escalating U.S. tariffs, Apple appears to be quietly shifting iPhone production to Brazil through its Foxconn partnership. Despite Apple’s denials, industry insiders suggest this strategic relocation aims to stabilize prices and secure the supply chain, proving that when it comes to international trade, geography often trumps rhetoric. More...
Samsung Galaxy S25 Edge Reveal Sparks Tech Buzz
Samsung has kicked off a high-profile unveiling of its long-anticipated superslim Galaxy S25 Edge, sparking excitement among tech enthusiasts. The event showcased the phone’s innovative design and cutting-edge features, setting the stage for a fiercely competitive market. Not exactly a revolution, but enough to make followers drool. More...
Chrome battles online scams with on-device AI
In a high-tech twist on digital security, Google is deploying on-device AI in Chrome to sniff out and block online scams in real time. This stealth upgrade is set to intercept nasty cyber schemes before they even reach your browser, proving that even your computer can have a watchdog with a wicked streak. More...
Related Tags
Tariffs
Film Industry Scrambles Over Trump's Proposed Movie Tariffs (0 hours ago)
Apple Shifts iPhone Production to Brazil to Dodge U.S. Tariffs (22 hours ago)
Trump Boldly Endorses 80% Tariff on China Amid Trade Talks (26 hours ago)
Cars
Tesla Axes Cybertruck Range Extender, Refunds Deposits (2 days ago)
Ford Adjusts Vehicle Prices Amid Tariff Pressure (2 days ago)
Zoox robotaxi recall after Las Vegas collision (3 days ago)
Earnings Report
Coinbase Q1 Earnings Show Revenue Slip Amid Investor Disquiet (39 hours ago)
Pinterest earnings beat forecasts, lifting shares higher (42 hours ago)
Match Group slashes workforce by 13% amid reorganization (2 days ago)