<h2>关键点</h2>
<ul>
<li>Rivian 在 2026 年开局不佳，但投资者希望能迎来转机。</li>
<li>最近与 Uber 达成的机器人出租车交易是个令人鼓舞的消息。</li>
<li>我们更看好的 10 只股票超过 Rivian Automotive ›</li>
</ul>
<p><strong>Rivian Automotive</strong>（纳斯达克：RIVN）股票在 2026 年表现不佳，自年初以来下跌约 28%。这可以归因于其巨额亏损以及特朗普政府撤回对电动车行业的支持后，整个行业的不确定性。</p>
<p>也就是说，Rivian 目前的价格仅为 15 美元，远低于 2021 年底达到的 172 美元的峰值。这无疑会吸引那些渴望交易的投资者。让我们深入探讨一下，看看这次下跌是否是一个买入机会，还是一个远离这家挣扎中的汽车制造商的信号。</p>
<p><em><strong>人工智能会创造出世界上第一个万亿富翁吗？</strong> 我们的团队刚刚发布了一份关于一家鲜为人知的公司报告，该公司被称为 “不可或缺的垄断”，提供 Nvidia 和 Intel 都需要的关键技术。<strong>继续 »</strong></em></p>
<h2>宏观经济形势依然复杂</h2>
<p>美国电动车市场虽然下滑，但并未消亡。去年，美国政府撤回了 7500 美元的新购税收抵免，并放宽了内燃机（ICE）车辆的尾气排放标准。这些变化共同影响了电动车的短期需求，同时也可能通过使汽油车更具竞争力，给长期的普及带来压力。</p>
<p>新的政策立场恰逢相对较高的利率时期（与疫情前相比），这使得消费者更难承担新车的月供。</p>
<p>然而，宏观经济形势并非全然不利。伊朗战争使得油价期货在撰写时飙升至 94 美元——这对许多美国人在加油时支付的价格产生了实际影响。高油价将促使消费者考虑永久性转向电动车，以保护他们的口袋免受油价波动的影响。</p>
<h2>管理层推动转机</h2>
<p>Rivian 第一季度的财报并不令人兴奋。尽管汽车销售略有下降，但由于与 <strong>大众汽车</strong> 的合作持续扩大，收入增长了 11.4%，达到了 13.8 亿美元。尽管如此，虽然软件将帮助 Rivian 提升增长和多样化，但它可能无法替代实际制造汽车。</p>
<p>如果 Rivian 想要继续运营，就需要将其汽车业务规模扩大到至少盈亏平衡。这是因为该公司的现金消耗目前看起来不可持续，运营亏损也跳升了 35%，达到了 8.81 亿美元。</p>
<p>管理层有几项策略来帮助扭转这一局面。其中最有前景的是推出新车型 R2，这是一款建议零售价为 58,000 美元的中型 SUV。该公司已经开始生产并提前交付 R2，这可能会显著提升销量，使 Rivian 接触到更大规模的市场，吸引那些无法负担其全尺寸 R1 SUV（起售价为 76,990 美元）的消费者。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2OTMyMC9nZXR0eWltYWdlcy0xMzQ5Mzc1MTMzLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2OTMyMC9nZXR0eWltYWdlcy0xMzQ5Mzc1MTMzLmpwZyZ3PTcwMA"/></p>
<p>图片来源：Getty Images。</p>
<p>规模经济通常是小公司实现盈利的最佳途径之一，因为它们可以将固定成本分摊到更多的单位上，从而帮助降低每单位的生产成本。管理层也在通过大幅降低 R2 的材料成本来利用这一点，采用了底盘巨型铸造和对车辆悬挂系统及线束系统的改进。</p>
<p>R2 项目还将受益于与 <strong>Uber Technologies</strong> 的近期合作，后者计划将该车辆作为其机器人出租车计划的平台，与其他制造商一起。该交易预计将投资 12.5 亿美元，并签订购买协议，最多购买 50,000 辆新车。尽管这些采购可能会分散在多年内进行，但它们可能有助于提升生产量，并提供规模经济优势。</p>
<h2>Rivian 现在值得买吗？</h2>
<p>Rivian 显然具备潜在转机的所有要素。但投资者过去多次遭受损失。现金消耗依然令人担忧，而新的 R2 平台尚未对运营结果产生实质性影响。在考虑持有该股票之前，采取观望态度是明智的。</p>
<h2>你现在应该购买 Rivian Automotive 的股票吗？</h2>
<p>在你购买 Rivian Automotive 的股票之前，请考虑以下几点：</p>
<p>_Motley Fool Stock Advisor_分析团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong> 供投资者现在购买……而 Rivian Automotive 并不在其中。入选的 10 只股票在未来几年可能会产生巨额回报。</p>
<p>考虑一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日上榜时……如果你在我们推荐时投资了 1000 美元，<strong>你现在将拥有 471,827 美元</strong>！* 或者 <strong>Nvidia</strong> 在 2005 年 4 月 15 日上榜时……如果你在我们推荐时投资了 1000 美元，<strong>你现在将拥有 1,319,291 美元</strong>！*</p>
<p>现在值得注意的是，<em>Stock Advisor_的总平均回报率为 986%——与标准普尔 500 的 207% 相比，表现优异。** 不要错过最新的前 10 名股票列表，加入由个人投资者为个人投资者建立的投资社区，获取_Stock Advisor</em>。**</p>
<p><strong>查看这 10 只股票 »</strong></p>
<p><em>*Stock Advisor 的回报截至 2026 年 5 月 11 日。</em></p>
<p><em>Will Ebiefung 在提到的任何股票中没有持仓。Motley Fool 持有 Uber Technologies 的股份并推荐该公司。Motley Fool 有披露政策。</em></p>
<p>本文中表达的观点和意见是作者的观点和意见，并不一定反映纳斯达克公司的观点。</p>

RIVN

RVNL

纳斯达克全球汽车指数 - First Trust

纳斯达克清洁绿能指数 ETF - First Trust

<p>Rivian Automotive 的股票在 2026 年下跌了 28%，这归因于巨额亏损和政府对电动车的支持减少。尽管最近与 Uber 达成了合作，并推出了 R2 SUV，但 Rivian 的现金消耗仍然很高，这引发了对其可持续性的担忧。分析师建议对投资 Rivian 采取谨慎态度，因为它未被列入顶级股票推荐。宏观经济环境，包括高油价，可能会影响消费者对电动车的兴趣，但 Rivian 未来的盈利能力仍不确定</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>关键点</h2>
</div><ul>
<li>Rivian has been off to a rough start in 2026, but investors are hoping for a turnaround.</li>
<li>The recent robotaxi deal with Uber is encouraging news.</li>
<li>10 stocks we like better than Rivian Automotive ›</li>
</ul>
<div class="lb-trans"><ul>
<li>Rivian 在 2026 年开局不佳，但投资者希望能迎来转机。</li>
<li>最近与 Uber 达成的机器人出租车交易是个令人鼓舞的消息。</li>
<li>我们更看好的 10 只股票超过 Rivian Automotive ›</li>
</ul>
</div><p><strong>Rivian Automotive</strong>(NASDAQ: RIVN) stock has sharply underperformed in 2026, declining by around 28% since the start of the year. And this can be explained by its huge losses and uncertainty about the EV industry as a whole after the Trump administration pulled government support.</p>
<div class="lb-trans"><p><strong>Rivian Automotive</strong>（纳斯达克：RIVN）股票在 2026 年表现不佳，自年初以来下跌约 28%。这可以归因于其巨额亏损以及特朗普政府撤回对电动车行业的支持后，整个行业的不确定性。</p>
</div><p>That said, with a price tag of just $15, Rivian is now a far cry from its peak of $172 reached in late 2021. And this is sure to attract the attention of deal-hungry investors. Let's dig deeper to decide if the dip is a buying opportunity or a sign to stay far away from the struggling automaker.</p>
<div class="lb-trans"><p>也就是说，Rivian 目前的价格仅为 15 美元，远低于 2021 年底达到的 172 美元的峰值。这无疑会吸引那些渴望交易的投资者。让我们深入探讨一下，看看这次下跌是否是一个买入机会，还是一个远离这家挣扎中的汽车制造商的信号。</p>
</div><p><em><strong>Will AI create the world's first trillionaire?</strong> Our team just released a report on the one little-known company, called an &#34;Indispensable Monopoly&#34; providing the critical technology Nvidia and Intel both need. <strong>Continue »</strong></em></p>
<div class="lb-trans"><p><em><strong>人工智能会创造出世界上第一个万亿富翁吗？</strong> 我们的团队刚刚发布了一份关于一家鲜为人知的公司报告，该公司被称为 “不可或缺的垄断”，提供 Nvidia 和 Intel 都需要的关键技术。<strong>继续 »</strong></em></p>
</div><h2>The macroeconomic situation remains complex</h2>
<div class="lb-trans"><h2>宏观经济形势依然复杂</h2>
</div><p>The U.S. EV market is down but not out. Last year, the U.S. government pulled back incentives such as a $7,500 tax credit for new purchases, and eased tailpipe emission standards for internal combustion engine (ICE) vehicles. Combined, these changes hurt the near-term demand for EVs while also putting long-term pressure on adoption by potentially making gasoline-powered cars more competitive.</p>
<div class="lb-trans"><p>美国电动车市场虽然下滑，但并未消亡。去年，美国政府撤回了 7500 美元的新购税收抵免，并放宽了内燃机（ICE）车辆的尾气排放标准。这些变化共同影响了电动车的短期需求，同时也可能通过使汽油车更具竞争力，给长期的普及带来压力。</p>
</div><p>The new policy stance coincides with a period of relatively high interest rates (compared to the pre-pandemic period), which makes it harder for consumers to afford the monthly payments on new cars.</p>
<div class="lb-trans"><p>新的政策立场恰逢相对较高的利率时期（与疫情前相比），这使得消费者更难承担新车的月供。</p>
</div><p>However, the macroeconomic situation isn't all bad. The war in Iran has spiked oil futures to $94 at the time of writing -- and this is having a real impact on the prices many Americans pay at the pump. High gas prices will encourage consumers to consider making a permanent switch to EVs to protect their pocketbooks from oil price volatility.</p>
<div class="lb-trans"><p>然而，宏观经济形势并非全然不利。伊朗战争使得油价期货在撰写时飙升至 94 美元——这对许多美国人在加油时支付的价格产生了实际影响。高油价将促使消费者考虑永久性转向电动车，以保护他们的口袋免受油价波动的影响。</p>
</div><h2>Management pushes for a turnaround</h2>
<div class="lb-trans"><h2>管理层推动转机</h2>
</div><p>Rivian's first-quarter earnings weren't very exciting. Revenue grew by 11.4% to $1.38 billion amid a modest decline in automotive sales, which was counterbalanced by a jump in software and services revenue as the company's recent partnership with <strong>Volkswagen</strong> continued to scale up. That said, while software will help Rivian boost growth and diversification, it probably won't be a substitute for actually manufacturing cars.</p>
<div class="lb-trans"><p>Rivian 第一季度的财报并不令人兴奋。尽管汽车销售略有下降，但由于与 <strong>大众汽车</strong> 的合作持续扩大，收入增长了 11.4%，达到了 13.8 亿美元。尽管如此，虽然软件将帮助 Rivian 提升增长和多样化，但它可能无法替代实际制造汽车。</p>
</div><p>Rivian will need to scale up its automotive business to at least breakeven if it wants to stay in business. That's because the company's current cash burn looks unsustainable, and things are moving in the wrong direction with operating losses jumping 35% to $881 million.</p>
<div class="lb-trans"><p>如果 Rivian 想要继续运营，就需要将其汽车业务规模扩大到至少盈亏平衡。这是因为该公司的现金消耗目前看起来不可持续，运营亏损也跳升了 35%，达到了 8.81 亿美元。</p>
</div><p>Management has several strategies to help turn this situation around. The most promising one is the release of new vehicles such as the R2, a midsize SUV with an MSRP of $58,000. The company has already started production and early deliveries of the R2, which could significantly boost volumes by exposing Rivian to the much larger mass market of consumers that couldn't afford its full-sized R1 SUV, which starts at $76,990.</p>
<div class="lb-trans"><p>管理层有几项策略来帮助扭转这一局面。其中最有前景的是推出新车型 R2，这是一款建议零售价为 58,000 美元的中型 SUV。该公司已经开始生产并提前交付 R2，这可能会显著提升销量，使 Rivian 接触到更大规模的市场，吸引那些无法负担其全尺寸 R1 SUV（起售价为 76,990 美元）的消费者。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2OTMyMC9nZXR0eWltYWdlcy0xMzQ5Mzc1MTMzLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F869320%2Fgettyimages-1349375133.jpg&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><p>Economies of scale are usually one of the best ways for a small company to become profitable because they spread fixed costs over a larger number of units, helping reduce the per-unit production cost. Management is also leaning into this by substantially reducing the R2's materials cost through strategies such as underbody gigacasting, and changes to the vehicle's suspension and harness systems.</p>
<div class="lb-trans"><p>规模经济通常是小公司实现盈利的最佳途径之一，因为它们可以将固定成本分摊到更多的单位上，从而帮助降低每单位的生产成本。管理层也在通过大幅降低 R2 的材料成本来利用这一点，采用了底盘巨型铸造和对车辆悬挂系统及线束系统的改进。</p>
</div><p>The R2 program will also benefit from a recent partnership with <strong>Uber Technologies</strong>, which plans to use the vehicle as a platform for its robotaxi ambitions, alongside other manufacturers. The deal involves an expected investment of $1.25 billion, along with a purchase agreement for up to 50,000 units of the new vehicle. While these purchases will likely be spread out over many years, they could help boost production volume and provide economies-of-scale advantages.</p>
<div class="lb-trans"><p>R2 项目还将受益于与 <strong>Uber Technologies</strong> 的近期合作，后者计划将该车辆作为其机器人出租车计划的平台，与其他制造商一起。该交易预计将投资 12.5 亿美元，并签订购买协议，最多购买 50,000 辆新车。尽管这些采购可能会分散在多年内进行，但它们可能有助于提升生产量，并提供规模经济优势。</p>
</div><h2>Is Rivian a buy yet?</h2>
<div class="lb-trans"><h2>Rivian 现在值得买吗？</h2>
</div><p>Rivian definitely seems to have all the ingredients for a potential turnaround. But investors have been burned many times in the past. Cash burn remains alarmingly high, and the new R2 platform has yet to have a meaningful impact on operational results. It makes sense to take a wait-and-see approach before considering a position in the stock.</p>
<div class="lb-trans"><p>Rivian 显然具备潜在转机的所有要素。但投资者过去多次遭受损失。现金消耗依然令人担忧，而新的 R2 平台尚未对运营结果产生实质性影响。在考虑持有该股票之前，采取观望态度是明智的。</p>
</div><h2>Should you buy stock in Rivian Automotive right now?</h2>
<div class="lb-trans"><h2>你现在应该购买 Rivian Automotive 的股票吗？</h2>
</div><p>Before you buy stock in Rivian Automotive, consider this:</p>
<div class="lb-trans"><p>在你购买 Rivian Automotive 的股票之前，请考虑以下几点：</p>
</div><p>The <em>Motley Fool Stock Advisor</em> analyst team just identified what they believe are the <strong>10 best stocks</strong> for investors to buy now… and Rivian Automotive wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.</p>
<div class="lb-trans"><p>_Motley Fool Stock Advisor_分析团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong> 供投资者现在购买……而 Rivian Automotive 并不在其中。入选的 10 只股票在未来几年可能会产生巨额回报。</p>
</div><p>Consider when <strong>Netflix</strong> made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, <strong>you’d have $471,827</strong>!* Or when <strong>Nvidia</strong> made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, <strong>you’d have $1,319,291</strong>!*</p>
<div class="lb-trans"><p>考虑一下 <strong>Netflix</strong> 在 2004 年 12 月 17 日上榜时……如果你在我们推荐时投资了 1000 美元，<strong>你现在将拥有 471,827 美元</strong>！* 或者 <strong>Nvidia</strong> 在 2005 年 4 月 15 日上榜时……如果你在我们推荐时投资了 1000 美元，<strong>你现在将拥有 1,319,291 美元</strong>！*</p>
</div><p>Now, it’s worth noting <em>Stock Advisor’s</em> total average return is 986% — a market-crushing outperformance compared to 207% for the S&amp;P 500. <strong>Don't miss the latest top 10 list, available with <em>Stock Advisor</em>, and join an investing community built by individual investors for individual investors.</strong></p>
<div class="lb-trans"><p>现在值得注意的是，<em>Stock Advisor_的总平均回报率为 986%——与标准普尔 500 的 207% 相比，表现优异。** 不要错过最新的前 10 名股票列表，加入由个人投资者为个人投资者建立的投资社区，获取_Stock Advisor</em>。**</p>
</div><p><strong>See the 10 stocks »</strong></p>
<div class="lb-trans"><p><strong>查看这 10 只股票 »</strong></p>
</div><p><em>*Stock Advisor returns as of May 11, 2026.</em></p>
<div class="lb-trans"><p><em>*Stock Advisor 的回报截至 2026 年 5 月 11 日。</em></p>
</div><p><em>Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool has a disclosure policy.</em></p>
<div class="lb-trans"><p><em>Will Ebiefung 在提到的任何股票中没有持仓。Motley Fool 持有 Uber Technologies 的股份并推荐该公司。Motley Fool 有披露政策。</em></p>
</div><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p>
<div class="lb-trans"><p>本文中表达的观点和意见是作者的观点和意见，并不一定反映纳斯达克公司的观点。</p>
</div>

Is Rivian Stock a Buy at $15?

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Rivian

GraniteShares 2x Long RIVN Daily ETF

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英伟达

英特尔

大众汽车(ADR)

奈飞

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大众(ADR)

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Rivian 的股票在 15 美元时是否值得购买？