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Rivian’s First Quarter Stumbles Amidst Weakening Demand

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Rivian’s Rough Start to 2025 Makes Tesla’s Q1 Look Tame

Tesla’s first-quarter dip may have raised eyebrows, but Rivian’s Q1 results are hitting a lot harder. The EV maker reported 8,640 vehicle deliveries for the first three months of 2025, a sharp 36 percent drop compared to Q1 2024. That figure came in below Wall Street’s estimate of 9,000 units, further shaking investor confidence.

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Daily Tracker
Oil Crisis Monitor
Updated: Oct 25, 2026 — 4:17 AM MT
Strait of Hormuz
238
Days
Day 238 — Aden airport hit; Riyadh airport reopens. The strait remains closed.
Day 238: Houthi missiles hit Aden's airport and coastguard headquarters; Saudi defences intercept missiles aimed toward Mecca, Medina and Riyadh.
Brent Crude
+59.6% since closure
$116.72
/bbl
Today: +$3.55 (+3.1%)
U.S. Gas Avg
+43.0% since closure
$4.29
/gal
Today: −$0.01
WTI Crude
+49.7% since closure
$103.27
/bbl
Today: +$3.80 (+3.8%)
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IMF PortWatch weekly Hormuz transit update
2 days
Oct 27
USMCA Tariffs
25% IEEPA + 232 duties
IN EFFECT
207
Day
2026 SAAR Forecast
16.1–16.8M
▼ 16.8M
prev. forecast
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