Rivian Automotive Inc ( RIVN ) shares are trading higher and trending Thursday. Here's what investors are watching with Rivian this week.

What To Know: The electric vehicle maker posted better-than-expected first-quarter results on May 6, reporting revenue of $1.24 billion (up 3% year-over-year) and a narrower-than-expected loss of 48 cents per share. Gross profit came in at $206 million—its second consecutive positive quarter—driven by improved cost efficiency and operational progress.

CEO RJ Scaringe emphasized Rivian’s ongoing development of the R2 platform, with validation builds underway and its Illinois facility expansion on track. The R2, expected to launch in the first half of 2026, will enter the market at a starting price of $45,000, a level Rivian is maintaining despite rising tariffs. The company estimates per-unit tariff costs of around $2,000 in 2025.

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Rivian also highlighted new milestones: a record 36,000 demo drives in the first-quarter, a fleet deal with HelloFresh and a $1 billion investment from Volkswagen set to close mid-2025. However, the company revised its 2025 delivery guidance downward to 40,000–46,000 vehicles, citing macroeconomic and trade uncertainties.

Adding some potential pressure this week, a new GOP-led House bill aims to eliminate EV tax credits and rescind billions in clean vehicle loan funding—including $6.57 billion allocated to Rivian.

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Price Action: Shares of Rivian have climbed 10% over the past week, trading at $15.22 Thursday afternoon.

How To Buy RIVN Stock

By now you're likely curious about how to participate in the market for Rivian Automotive ( RIVN ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, RIVN has a 52-week high of $18.86 and a 52-week low of $9.50.