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.
唐納德·特朗普當選美國第47任總統後，Rivian Automotive, Inc.（納斯達克股票代碼：RIVN）和Lucid集團公司（納斯達克股票代碼：LCID）股價週三大幅下跌。以下是特朗普的政策將如何影響電動汽車製造商。
須知：特朗普在很大程度上譴責了電動汽車，聲稱電動汽車是通過不公平的監管強迫消費者使用的，並承諾終止他所謂的 「電動汽車授權」。
特朗普特別表示，他計劃取消拜登政府的《通貨膨脹降低法》（IRA）中包含的許多電動汽車激勵措施，包括購買退稅和稅收優惠。他還表示，他計劃修改或終止環境保護署的車輛排放標準。
Lucid和Rivian等電動汽車初創企業已經面臨消費者對電動汽車需求下降的問題，Wedbush分析師將特朗普總統任期視爲汽車製造商面臨的又一挑戰。
Wedbush分析師寫道：「我們認爲，特朗普當選總統將對電動汽車行業造成總體負面影響，因爲電動汽車退稅/稅收優惠措施可能會被取消。」
Rivian宣佈計劃推出一款價格更實惠的新車型R2，該車型定於2026年推出。R2的定價設定爲低於限額，才有資格獲得7,500美元的聯邦稅收抵免。特朗普計劃取消稅收抵免可能會破壞這些計劃。
特朗普還提議對進口商品徵收10％的普遍關稅，對從中國進口的商品徵收60％的關稅，這可能會影響Rivian和Lucid的供應鏈和生產成本，可能導致汽車價格上漲或利潤率降低。Rivian和Lucid都尚未盈利，利潤率的降低將進一步推動盈利之路。
儘管Rivian和Lucid的股價下跌，但特斯拉公司（納斯達克股票代碼：TSLA）的股票卻在飆升。與其他兩家公司不同，它應該有足夠的規模和規模來吸收潛在的政策變化。
RIVN，LCID價格走勢：根據Benzinga Pro的數據，在週三發佈時，Rivian股價下跌9.02％，至9.64美元，Lucid股價下跌5.94％，至2.12美元。
