Rivian Automotive, Inc. (NASDAQ:RIVN) and Lucid Group, Inc. (NASDAQ:LCID) shares are down sharply on Wednesday following the election of Donald Trump as the 47th president of the U.S. Here's a look at how Trump's policy could affect the electric vehicle makers.
What To Know: Trump has largely condemned EVs, claiming they are being forced on consumers through unfair regulations, and has pledged to end what he calls "the electric vehicle mandate."
Trump has specifically said he plans to eliminate many EV incentives included in the Biden administration's Inflation Reduction Act (IRA), including purchase rebates and tax incentives. He also has said he plans to modify or end vehicle emissions standards under the Environmental Protection Agency.
EV start-ups such as Lucid and Rivian already face decreasing consumer demand for electric vehicles and Wedbush analysts see the Trump presidency as another challenge for carmakers.
"We believe a Trump presidency would be an overall negative for the EV industry as likely the EV rebates/tax incentives get pulled," the Wedbush analysts wrote.
Rivian announced plans for a new more affordable model, the R2, set to launch in 2026. The R2 was set to be priced beneath limits to qualify for the full $7,500 federal tax credit. Trump's planned elimination of the tax credit could potentially disrupt these plans.
Trump has also proposed a universal 10% tariff on imports and a 60% tariff on imports from China which could affect Rivian and Lucid's supply chains and production costs, potentially leading to higher vehicle prices or reduced profit margins. Neither Rivian nor Lucid has yet to turn a profit and reduced profit margins would push the road to profitability out further.
While Rivian and Lucid stock is down, Telsa Inc. (NASDAQ:TSLA) stock is soaring. Unlike the other two companies, it should have the size and scale to absorb potential policy changes.
RIVN, LCID Price Action: According to Benzinga Pro, Rivian shares are down 9.02% at $9.64 and Lucid shares are down 5.94% at $2.12 at the time of publication Wednesday.
唐纳德·特朗普当选美国第47任总统后，Rivian Automotive, Inc.（纳斯达克股票代码：RIVN）和Lucid集团公司（纳斯达克股票代码：LCID）股价周三大幅下跌。以下是特朗普的政策将如何影响电动汽车制造商。
须知：特朗普在很大程度上谴责了电动汽车，声称电动汽车是通过不公平的监管强迫消费者使用的，并承诺终止他所谓的 “电动汽车授权”。
特朗普特别表示，他计划取消拜登政府的《通货膨胀降低法》（IRA）中包含的许多电动汽车激励措施，包括购买退税和税收优惠。他还表示，他计划修改或终止环境保护署的车辆排放标准。
Lucid和Rivian等电动汽车初创企业已经面临消费者对电动汽车需求下降的问题，Wedbush分析师将特朗普总统任期视为汽车制造商面临的又一挑战。
Wedbush分析师写道：“我们认为，特朗普当选总统将对电动汽车行业造成总体负面影响，因为电动汽车退税/税收优惠措施可能会被取消。”
Rivian宣布计划推出一款价格更实惠的新车型R2，该车型定于2026年推出。R2的定价设定为低于限额，才有资格获得7,500美元的联邦税收抵免。特朗普计划取消税收抵免可能会破坏这些计划。
特朗普还提议对进口商品征收10％的普遍关税，对从中国进口的商品征收60％的关税，这可能会影响Rivian和Lucid的供应链和生产成本，可能导致汽车价格上涨或利润率降低。Rivian和Lucid都尚未盈利，利润率的降低将进一步推动盈利之路。
尽管Rivian和Lucid的股价下跌，但特斯拉公司（纳斯达克股票代码：TSLA）的股票却在飙升。与其他两家公司不同，它应该有足够的规模和规模来吸收潜在的政策变化。
RIVN，LCID价格走势：根据Benzinga Pro的数据，在周三发布时，Rivian股价下跌9.02％，至9.64美元，Lucid股价下跌5.94％，至2.12美元。
