Earlier today, Lucid stock was up 6%, though around noon ET it was negative on the day. Similarly, Rivian was up 4.8% earlier but had dipped down to a 0.80% gain. Surprisingly, Tesla stock -- the only ...
Electric truck manufacturer Rivian Automotive (RIVN) missed on third quarter revenue estimates while posting a wider-than-expected adjusted loss of $0.99 per share in the quarter. Simultaneously, ...
Despite weak EV demand, the truck maker said it's on track to make a gross profit in the last three months of the year.
Reducing costs is critical for Rivian and its peers as consumers facing high borrowing costs are choosing less expensive ...
Amid challenging market conditions and component shortages, Rivian aims to post its first gross profit in Q4, driven by ...
CEO of Rivian RJ Scaringe said the company is focused on sourcing suppliers not subject to Trump's potentially large tariffs.
Rivian posted its first drop in quarterly revenue on Thursday since the electric vehicle maker went public three years ago, partially hurt by the shortage of a component.
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from ...
The stocks of Lucid and Rivian — smaller auto companies dedicated to ... which includes a $7,500 tax credit for SUV and ...