Tariffs weighed on Rivian's second quarter, but there's another setback that might be more concerning.

It's been a bumpy ride so far this year for Rivian ( RIVN -2.28% ) . With the much-hyped R2 not launching until 2026, the company's sales have been sluggish and the addition of tariffs on imported auto parts threw a curveball few, if any, were ready for. Let's take a quick look at Rivian's second quarter and one very real setback investors may not have prepared for.

Brief Q2 recap

Rivian's second-quarter revenue rose 13% from the prior year to $1.3 billion, and its second quarter checked in with a net loss of $1.1 billion. The net loss was an improvement over the prior year's $1.5 billion net loss. Rivian's adjusted earnings per share checked in at a loss of $0.97, much worse t

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