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The Latest Breaking News from Rivian Automotive Inc

2 Electric Vehicle Companies to Avoid in July

The electric vehicle (EVs) industry is growing but remains constrained by supply chain disruptions and the lack of EV charging stations. Moreover, rising recession fears have hampered consumer sentiment and could decelerate aggregate demand. So, fundamentally weak electric vehicle stocks Rivian Automotive (RIVN) and Lucid Group (LCID) are best avoided…

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Rivian R1 EVs Will Be Powered By Giant Turbine For 1st Charge

Rivian Automotive Inc (NASDAQ: RIVN) said on Wednesday it plans to install a large-scale wind turbine at its Normal, Illinois, manufacturing campus that will power its R1 vehicles for their first charge.

Benzinga

Rivian Automotive Plans To Construct Wind Turbine At Illinois Campus

Rivian Automotive Inc (NASDAQ:RIVN) plans to establish a large-scale wind turbine at its Normal manufacturing campus in Illinois. The automaker expects to generate clean energy to enable new R1 vehicles to be powered by renewables for their first charge. Rivian installed a 783-kilowatt solar canopy in early 2022, which is scheduled to begin…

Benzinga

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Elon Musk Sees These 2 Prominent EV Makers Headed Toward Bankruptcy

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday he believes that electric vehicle startups Rivian Automotive Inc (NASDAQ: RIVN) and

Benzinga

Rivian Unveils R2 Vehicle Roadmap And Company Highlights: What Did CEO RJ Scaringe Tell Investors?

The founder and CEO of electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) issued a shareholder letter Monday to share where the company has been and where it is headed. Here are the key takeaways from the letter.

Benzinga

Why Rivian Shares Are Falling Following A Warning From Tesla CEO Elon Musk

Rivian Automotive Inc (NASDAQ: RIVN) shares are trading lower by 5.51% at $30.18.

Benzinga

3 Electric Vehicle Stocks Down More Than 73% Year-to-Date

Increased demand for efficient and low-emission vehicles, along with government initiatives to speed up the shift of their nations’ vehicle fleets from gasoline-powered to electric vehicles, has fostered rapid growth in the sale of the electric vehicles of late. However, a few companies in this sector have not been able…

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Morgan Stanley Cuts Rivian Price Target: EV Maker Needs To Restore Confidence It Can Be 'The One' To Challenge Tesla

Rivian Automotive Inc (NASDAQ: RIVN) is facing a new reality after its blockbuster listing last year and needs to ‘pace itself’ in the near term to be able to reinforce confidence that it has the potential to be "the one" that can challenge Tesla Inc (NASDAQ:

Benzinga

Tiger Global Exits Rivian, Netflix Stakes In Q1 — Doubles Down On These Chinese EV Makers Instead

Hedge fund Tiger Global dissolved its stake in Rivian Automotive Inc (NASDAQ: RIVN) and Netflix Inc (NASDAQ: NFLX) in the first quarter and significantly lowere

Benzinga

Ford unloads another 7 million shares in EV startup Rivian for $188.2 million

Ford Motor Co. has unloaded another 7 million shares of electric-vehicle startup Rivian Automotive Inc.'s stock.

Tribune News Service

Rivian Is A 'Show-Me-The-Money' Story But Has 'More Pieces In Place' Than Peers: Analysts React To Q1 Earnings

Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported first-quarter production of 2,553 vehicles. The company delivered 1,227 vehicles in the first quarter and reported more than 90,000 net pre-orders of its Rivian R1 electric pickup truck.

Benzinga

Rivian Sees Price Target Halved At Wedbush: Analyst Sees Potential But It's Time To 'Stop The Excuses'

Rivian Automotive Inc (NASDAQ: RIVN) has the potential to be a major electric vehicle stalwart over the next decade but it needs to start delivering models and "stop the excuses" to reach that goal, Wedbush analyst Dan Ives said on Wednesday as he

Benzinga

Rivian Q1 Earnings Highlights: 2,553 Vehicles Produced, 1,227 Delivered, Supply Chain Constraints And More

Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported its first quarter financial results after market close Wednesday. Here are the key highlights.

Benzinga

Executives Sell More Than $220M Of 3 Stocks

US stock futures traded higher on this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

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Morning Brief: Top Financial Stories Dominating on Wednesday, May 11

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Amazon Key To Rivian's Strategy, EV Maker's Cash Burn In Question, Says Morgan Stanley Analyst

Rivian Automotive Inc’s (NASDAQ: RIVN) highly ambitious and capital intensive plan to ramp up production after initially missing production and delivery target last year could invite investor scrutiny on Wednesday when the electric vehicle startup reports first-quarter earnings after the bell, accordi

Benzinga

Ford Sells 8M Shares Of Rivian At A Discount

Ford Motor Co (NYSE: F) said on Tuesday it sold 8 million shares in electric vehicle startup Rivian Automotive Inc (NASDAQ: RIVN), estimated to be $214.4 million, at a discount.

Benzinga

Mike Khouw: Rivian Automotive Could See More Pain Ahead

Shares of Rivian Automotive Inc (NASDAQ: RIVN) tumbled almost 21% on Monday in the stock’s worst trading day ever.

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Benzinga

Rivian To Get $1.5B In Incentives For Planned Georgia EV Factory

Rivian Automotive Inc (NASDAQ: RIVN) said on Monday it will receive $1.5 billion in state and local incentives for its electric vehicle plant that it plans to build in Georgia.

Benzinga

What's Going On With Ford Stock Today?

Ford Motor Co (NYSE: F) shares are trading lower Thursday after the company announced financial results and reported a net loss, primarily attributable to the company's investment in Rivian Automotive Inc (NASDAQ: RIVN).

Benzinga

Looking Into Rivian Automotive Inc. - Class A Common Stock's Recent Short Interest

Rivian Automotive Inc. - Class A Common Stock's (NASDAQ:RIVN) short percent of float has risen 9.91% since its last report. The company recently reported that it has 49.77 million shares sold short, which is 10.54% of all regular shares that are available for trading.

Benzinga

Chevy Shows Electric Silverado In New Ad, Teases Features

The Rivian Automotive Inc (NASDAQ: RIVN) R1T was the first all-electric pickup truck to market, which was followed soon after by General Motors Company's (NYSE: GM) Humm

StockNews.com

The electric vehicle (EV) industry is projected to grow tremendously this year, thanks to substantial consumer demand and favorable government policies. So, given the industry's impressive growth prospects, Wall Street analysts expect the shares of fundamentally solid EV companies Workhorse (WKHS), Rivian (RIVN), and Lucid (LCID) to rally up to…

Benzinga

Why Rivian And Lucid Shares Are Tapping The Brakes Today

Shares of several companies in the broader consumer discretionary sector including Rivian Automotive Inc (NASDAQ: RIVN) and Lucid Group Inc (NASDAQ: LCID) are trading lower Monday amid overall market

Benzinga

Rivian CEO: Raw Material Shortage Will Severely Limit EV Battery Production

Rivian Automotive Inc. (NASDAQ: RIVN) CEO R.J. Scaringe has a raised a red flag over a potential shortage of battery supplies for the electric vehicles, a situation that he declared would be more acute than the ongoing shortage of computer chips.

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