This week, Rivian Automotive, Inc. (NASDAQ:RIVN), Lucid Group, Inc. (NASDAQ:LCID), and Nikola Corporation (NASDAQ:NKLA) leaders outlined strategies to cut costs, expand operations, and achieve profitability.
These strategies involve various measures, including workforce reductions, production adjustments, supplier changes, and strategic realignments, CNBC reported.
Wall Street analysts describe the electric vehicle market as experiencing an "EV winter," signaling a shift from "EV Euphoria." However, some view it as a temporary setback, anticipating carmakers to overcome challenges for long-term success, CNBC added.
As EV adoption lags behind expectations, companies rush to market, investing billions for first-mover advantages in emerging segments.
"US EV adoption likely entered an air pocket after having penetrated initial adopters & specific regions," Citi analyst Itay Michaeli wrote on a note, CNBC added. "The situation will not change overnight, but we see reason for optimism over the next 12-18 months."
Rivian has undertaken extensive cost-cutting measures, including staff reductions and retooling its Illinois plant for efficiency. Additionally, it halted production at a new Georgia factory to manage expenses, the report stated.
"We have identified additional opportunities in cost of goods sold, and we'll continue to focus on implementation and further areas for cost out. Longer term, our technology will be key driver of our gross margin," Lucid CEO Peter Rawlinson said investors this week, CNBC reported.
In contrast to Rivian and Lucid, Nikola's primary focus is on commercial vehicles rather than retail. CFO Thomas Okray emphasized the need to reduce costs while expanding sales, potentially by offering lower prices to large customers to increase scale. "We definitely need to optimize our cost structure. No question about it," Okray told investors, CNBC added.
Price Action: RIVN shares are trading lower by 2.15% to $10 at last check Friday; NKLA shares are trading lower by 7.6% to $0.5318; LCID shares are trading lower by 2.23% to $2.64.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
本週，Rivian Automotive, Inc.（納斯達克股票代碼：RIVN）、Lucid Group, Inc.（納斯達克股票代碼：LCID）和尼古拉公司（納斯達克股票代碼：NKLA）的領導人概述了削減成本、擴大業務和實現盈利的戰略。
據CNBC報道，這些戰略涉及各種措施，包括裁員、產量調整、供應商變更和戰略調整。
華爾街分析師將電動汽車市場描述爲 “電動汽車冬天”，這表明電動汽車的興奮情緒正在轉變。但是，CNBC補充說，有人認爲這是暫時的挫折，他們預計汽車製造商將克服挑戰以取得長期成功。
由於電動汽車的採用落後於預期，各公司紛紛進入市場，投資數十億美元在新興細分市場獲得先發優勢。
CNBC補充說：“在滲透到初始採用者和特定地區之後，美國電動汽車的普及可能進入了口袋，” 花旗分析師Itay Michaeli在一份報告中寫道。“情況不會在一夜之間改變，但我們認爲有理由對未來12-18個月感到樂觀。”
Rivian 採取了廣泛的成本削減措施，包括裁員和重組伊利諾伊州工廠以提高效率。此外，報告稱，該公司停止了佐治亞州一家新工廠的生產，以管理開支。
“我們已經在銷售成本方面發現了更多機會，我們將繼續專注於實施和其他成本降低領域。據CNBC報道，從長遠來看，我們的技術將成爲我們毛利率的關鍵驅動力。” Lucid首席執行官彼得·羅林森本週對投資者表示。
與Rivian和Lucid形成鮮明對比的是，尼古拉的主要重點是商用車而不是零售。首席財務官托馬斯·奧克雷強調需要在擴大銷售的同時降低成本，可能通過向大型客戶提供更低的價格來擴大規模。“我們肯定需要優化成本結構。毫無疑問。” CNBC補充說，奧克雷告訴投資者。
價格走勢：週五最後一次支票時，RIVN股價下跌2.15％，至10美元；NKLA股價下跌7.6％，至0.5318美元；LCID股價下跌2.23％，至2.64美元。
免責聲明：此內容部分是在人工智能工具的幫助下製作的，並由Benzinga的編輯審閱和發佈。
