Stock Track | Rivian Automotive Plummets 5.07% amid Potential Impact from New US Tariffs

Stock Track02-03 22:34

Shares of electric vehicle maker Rivian Automotive, Inc. (RIVN) plummeted 5.07% in pre-market trading on Monday, following the announcement of new tariffs imposed by the US government on imports from several countries.

The drop comes as US President Donald Trump imposed new tariffs of 25% on goods from Mexico and Canada, 10% on imports from China, and raised concerns over possible duties on EU imports as well. These tariffs, set to take effect at 5:01 GMT on Tuesday, have negatively impacted automakers across the board.

Major US automakers like General Motors (GM) and Ford (F) saw their stocks fall 7.5% and 4.3% respectively in pre-market trading. European carmakers such as Stellantis (STLA), Volkswagen (VOW), Volvo Cars (VOLCAR), Mercedes-Benz (MBG), BMW (BMW), and Porsche (P911) also experienced significant declines ranging from 4.1% to 7.6%. Even Toyota (7203.T) in Japan reported a 5% decrease.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1129073571?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-03 22:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1129073571","market":"hk","top_or_hot":-1,"title":"Stock Track | Rivian Automotive Plummets 5.07% amid Potential Impact from New US Tariffs","media":"Stock Track","content":"<p>Shares of electric vehicle maker Rivian Automotive, Inc. (RIVN) plummeted 5.07% in pre-market trading on Monday, following the announcement of new tariffs imposed by the US government on imports from several countries.</p>\n\n<p>The drop comes as US President Donald Trump imposed new tariffs of 25% on goods from Mexico and Canada, 10% on imports from China, and raised concerns over possible duties on EU imports as well. These tariffs, set to take effect at 5:01 GMT on Tuesday, have negatively impacted automakers across the board.</p>\n\n<p>Major US automakers like General Motors (GM) and Ford (F) saw their stocks fall 7.5% and 4.3% respectively in pre-market trading. European carmakers such as Stellantis (STLA), Volkswagen (VOW), Volvo Cars (VOLCAR), Mercedes-Benz (MBG), BMW (BMW), and Porsche (P911) also experienced significant declines ranging from 4.1% to 7.6%. Even Toyota (7203.T) in Japan reported a 5% decrease.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Rivian Automotive Plummets 5.07% amid Potential Impact from New US Tariffs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Rivian Automotive Plummets 5.07% amid Potential Impact from New US Tariffs\n</h2>\n\n<h4 class=\"meta\">\n\n2025-02-03 22:34 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of electric vehicle maker Rivian Automotive, Inc. (RIVN) plummeted 5.07% in pre-market trading on Monday, following the announcement of new tariffs imposed by the US government on imports from ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RIVN","symbol_name":"Rivian Automotive, Inc.","start_time":0,"source_url":"","article_id":"1129073571","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129073571","pubTimestamp":1738593277,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of electric vehicle maker Rivian Automotive, Inc.  plummeted 5.07% in pre-market trading on Monday, following the announcement of new tariffs imposed by the US government on imports from several countries.The drop comes as US President Donald Trump imposed new tariffs of 25% on goods from Mexico and Canada, 10% on imports from China, and raised concerns over possible duties on EU imports as well. These tariffs, set to take effect at 5:01 GMT on Tuesday, have negatively impacted automakers","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"translate_title":"受美国新关税潜在影响，Rivian汽车股价暴跌5.07%","themeId":"aa5287cd89bec9bdc7ca91f4fa0b6c78","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIVN":1},"content_text":"Shares of electric vehicle maker Rivian Automotive, Inc. (RIVN) plummeted 5.07% in pre-market trading on Monday, following the announcement of new tariffs imposed by the US government on imports from several countries.\nThe drop comes as US President Donald Trump imposed new tariffs of 25% on goods from Mexico and Canada, 10% on imports from China, and raised concerns over possible duties on EU imports as well. These tariffs, set to take effect at 5:01 GMT on Tuesday, have negatively impacted automakers across the board.\nMajor US automakers like General Motors (GM) and Ford (F) saw their stocks fall 7.5% and 4.3% respectively in pre-market trading. European carmakers such as Stellantis (STLA), Volkswagen (VOW), Volvo Cars (VOLCAR), Mercedes-Benz (MBG), BMW (BMW), and Porsche (P911) also experienced significant declines ranging from 4.1% to 7.6%. Even Toyota (7203.T) in Japan reported a 5% decrease.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1129073571"}