Rivian Automotive posted second-quarter 2025 revenue of $1.30 billion, edging past the $1.28 billion consensus, but its adjusted loss widened to $0.80 a share, deeper than the expected $0.65. Production fell to 5,979 vehicles against forecasts for more than 7,400, while deliveries reached 10,661 units. The company ended the quarter with $4.81 billion in cash and cash equivalents. Despite reaffirming its full-year delivery goal of 40,000–46,000 vehicles, Rivian lifted its forecast for 2025 adjusted EBITDA losses to between $2.0 billion and $2.25 billion, about an 18 percent increase from the prior outlook. Management blamed tighter U.S. fuel-economy standards, which threaten revenue from regulatory credits, for the larger projected shortfall. The deeper loss guidance sent the stock down roughly 4–7 percent in after-hours trading. Chief executives said costs were also pressured by Chinese export controls on rare-earth and other heavy metals, creating supply-chain bottlenecks. Rivian has since secured export licences and expects to trim factory downtime by about a week starting in September, initiatives it says will help curb expenses later in the year.