Electric vehicle maker Rivian Automotive on Monday said it won’t go forward with a plan to make electric vans in Europe with Mercedes-Benz, just three months after agreeing to the Read more
Tag: rivian
Rivian shows ‘improvement’ but Wall Street remains cautious on the stock
Wall Street cheered “signs of improvement” for Rivian Automotive Inc., but remained cautious about the stock on worries that the electric-vehicle maker still faces a steep production ramp. Rivian RIVN, Read more
Rivian posts narrower quarterly loss than Wall Street feared, keeps production guidance intact
Rivian Automotive Inc. stock rose 2% in the extended session Wednesday after the electric-vehicle maker posted a narrower-than-expected quarterly loss and kept its 2022 production estimates intact despite saying supply-chain Read more
Rivian to recall roughly 13,000 vehicles over ‘steering or suspension problems’
Rivian Automotive Inc. intends to recall about 13,000 vehicles due to a possible safety issue that has so far been found to have impacted several units, the company said Friday Read more
Rivian shares rise on second-quarter results: ‘The ball is finally rolling’ for the EV maker, says analyst
Shares of Rivian Automotive Inc. RIVN, +1.31% gained more than 3% in morning trading Friday, as analysts were generally upbeat about the electric vehicle maker’s second-quarter results. Late Thursday, Rivian Read more
Rivian loses nearly $2 billion in second quarter as expenses mount
Rivian Automotive Inc. late Thursday reported a narrower-than-expected quarterly loss, but a warning about supply-chain snags and rising expenses seemed to give investors pause and the stock moved erratically in Read more
Rivian loses nearly $2 billion in second quarter as expenses mount
Rivian Automotive Inc. late Thursday reported a narrower-than-expected quarterly loss, but called for steeper losses for the year, warned about ongoing supply-chain snags, and saw rising expenses, sending the stock Read more
Rivian: ‘Zombie’ company or charging down a path to EV success?
This a crucial time for car maker Rivian Automotive Inc., as it battles for its place in the competitive electric vehicle market. Rivian Automotive Inc.’s RIVN, -3.65% stock price has Read more
Rivian says Senate climate deal puts it at disadvantage to some competitors
Electric-vehicle startup Rivian Automotive Inc. RIVN, -2.05% is warning that planned revisions to the EV tax credit would put the young car maker at a disadvantage to more-established competitors. The proposed Read more
Rivian CEO letter: EV maker ‘not immune’ to economic slowdown, considers workforce reduction
Rivian Automotive Inc. is “not immune to economic conditions” and is readying a plan to cut costs, Chief Executive RJ Scaringe told employees in a letter made available Tuesday. The Read more
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