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 ...
Lucid didn’t provide any details about delivery charges or incentives. The company has applied a $7,500 discount on its Air ...
CEO of Rivian RJ Scaringe said the company is focused on sourcing suppliers not subject to Trump's potentially large tariffs.
Now, its stock is off 96% from all-time highs and down 26.3% in the last month alone. The company is struggling to grow ...
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.
Yes, Lucid plans to do like Tesla by slowly going down market in order to, eventually, sell more affordable models. But until ...
Lucid’s Gravity SUV now has a release date and a price, and US customers will soon be able to order the Grand Touring trim, ...
That was 8.9% of all cars and light trucks sold in the quarter. EVs are not replacing gasoline-powered vehicles at anything close to enough to say the EV segment is successful. Lucid’s second ...