Trump's Bill Would End EV Subsidies: Is Rivian in Trouble?

Rivian Automotive (NASDAQ: RIVN) has a very promising future. Starting in early 2026, management expects to start production of three new affordable electric vehicles (EVs). Making affordable EVs priced under $50,000 is a huge milestone for an automaker. When Tesla released its affordable Model Y and Model 3 vehicles, sales boomed. Today, those two vehicles account for more than 90% of Tesla's auto sales. Some recent news, however, could be a giant blow to Rivian's growth plans. President Donald Trump's new bill proposes cutting federal EV tax credits, which would make electric vehicles $4,000 to $7,500 more expensive to buyers. How much will Rivian suffer? The answer might surprise you.Many investors are looking over electric car stocks to find the next Tesla. It's a worthy mission. Tesla shares have risen 23,000% in value since 2010. What's the key to spotting the next Tesla? Look for companies that can launch affordable models priced under $50,000. As mentioned, reaching this milestone creates a gigantic growth catalyst, making the automakers' models affordable to tens of millions of new buyers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool