

In markets, the bigger they arrive, the harder they fall. SpaceX (NASDAQ:SPCX | SPCX Price Prediction) has already shed a staggering amount of paper wealth since its post-IPO peak, with Hedgeye estimating a market value decay of roughly $47 billion per day from the top, almost 22 times the fate of Rivian Auto (Nasdaq: RIVN).

EV makers will need to show sustainable gross profitability to keep investors interested. Rivian has separated itself from rival Lucid in its ability to generate gross profits.

Morning Brew Daily's July segment framed the U.S. electric vehicle industry in stark terms.

It's been mostly downhill for young EV companies in recent years after initial hype drove large IPOs and soaring stock prices. But here are three reasons Rivian could be a long-term winner.

The latest trading day saw Rivian Automotive (RIVN) settling at $17.24, representing a -1.23% change from its previous close.

Rivian Automotive's shares are down by over 90% from their peak five years ago. The EV maker is ramping up production and has delivered more vehicles than expected.

Rivian Automotive (RIVN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

The EV trade is not for the faint of heart in July 2026, but three names offer a rare combination of catalysts, valuation asymmetry and macro tailwinds that make selective risk-taking rational right now.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.