Rivian's new guidance includes deliveries of between 40,000 units and 46,000 units and expenditures of between $1.8 billion and $1.9 billion.

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

Rivian Automotive Inc. late Tuesday lowered its sales guidance for the year, saying it isn’t shielded from the Trump administration’s tariffs roiling the U.S. auto industry, and cast doubt on demand and consumer sentiment.