Softer sales and the loss of tax credits will hurt this EV maker, says Guggenheim
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最新报道：Guggenheim analysts downgraded electric vehicle maker Rivian's stock, citing softer sales and the potential loss of federal tax credits as key risks. The firm cut its price target from $18 to $15, warning that weakening demand and increased competition could pressure Rivian's margins. The analysts noted that the expiration of EV tax credits for some models may further dampen sales. Despite recent cost-cutting efforts, Guggenheim expects Rivian to face challenges in achieving profitability amid a tougher market environment. The downgrade reflects growing concerns about the company's ability to meet production and delivery targets while maintaining financial stability.
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