U.S. House votes to pause Biden EV regulations
The Republican-led House of Representatives, on Wednesday, voted to prevent the Biden administration from implementing strict regulations on vehicle emissions, which aimed to have 67% of new...
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Over 1,000 VW workers sign union cards in Tennessee
The United Auto Workers (UAW) union revealed Thursday that more than 1,000 Volkswagen factory workers at the automaker’s Chattanooga, Tennessee assembly plant have signed union authorization...
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Rivian gains as Stifel initiates coverage of EVs
Shares of electric vehicle maker, Rivian (NASDAQ:RIVN) jumped nearly 4% in pre-market trading Thursday morning after Stifel initiated coverage of the company with a Buy rating and a 12-month...
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Stifel Starts Rivian Automotive Inc at Buy; 'high-quality driving brand awareness'
(Updated - December 6, 2023 4:26 PM EST) Stifel analysts initiate coverage on Rivian Automotive Inc (NASDAQ:RIVN) with a Buy rating and a price target of $23.00.The analysts commented,...
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Rivian partners with SiriusXM to bring satellite radio to R1T and R1S
Rivian Automotive (NASDAQ:RIVN) has secured a major agreement with SiriusXM (SIRI), introducing the audio system to the R1T and R1S electric vehicles from 2024 onwards.The partnership...
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Goldman Sachs maintains Rivian Automotive at 'neutral' with a price target of $19.00
An analyst from Goldman Sachs maintained Rivian Automotive (NASDAQ: RIVN) at 'neutral' with a price target of $19.00 from a prior price target of %currency%%price%. Prior to this rating,...
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This week in EVs: Tesla holds Cybertruck launch event | Pro Recap
Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: |Tesla holds Cybertruck event; China EV deliveries; Rivian launches leasing. Get news like...
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Rivian (RIVN) Stock Price Prediction in 2030: Bull, Base & Bear Forecasts
Electric vehicle maker Rivian Automotive (NASDAQ: RIVN) began trading in the public markets on November 10, 2021. The company raised $12 billion in cash, selling 153 million shares for a...
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Musk tempers expectations ahead of Tesla Cybertruck event
Tesla (NASDAQ:TSLA) is preparing to start deliveries of their long-awaited Cybertruck electric pickup this Thursday, following CEO Elon Musk's cautious remarks about production challenges...
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UAW push to organize Tesla and non-union auto sector
The United Auto Workers (UAW) union announced Wednesday their plan to unionize electric vehicle maker, Tesla (NASDAQ:TSLA) as well as the entirety of the nonunion auto industry in the United...
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Rivian recalls over 1400 R1T and R1S EVs
Rivian (NASDAQ:RIVN) has issued a recall for 1,463 R1T and R1S vehicles due to a defroster issue caused by a recent update, potentially leading to the deactivation of both defroster and...
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Rivian begins leasing R1T pickup trucks in select U.S. states
Michigan-based electric car maker, Rivian Automotive (NASDAQ:RIVN) announced Monday that the EV company has launched leasing for its R1T electric pickup truck for customers in select...
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Rivian Automotive CEO assumes direct responsibility for product development
Rivian Automotive (NASDAQ:RIVN) announced today that the company’s CEO Dr. Robert Joseph Scaringe would assume direct responsibility for all product functions. This encompasses areas...
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Rivian Automotive CEO is assuming direct responsibility for all product functions
Rivian Automotive (RIVN) disclosed: On November 20, 2023, Rivian Automotive, Inc. (the “Company”) announced changes in the product organization with Dr. Robert Joseph Scaringe, the...
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Rivian to borrow nearly $15B for Georgia EV plant
Rivian Automotive (NASDAQ:RIVN) revealed Monday that the electric automaker plans to borrow up to $15 billion in taxable bonds to help finance construction on a manufacturing plant in...
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Rivian Automotive Appoints Carlo Materazzo as VP of Logistics
Rivian Automotive, Inc. (RIVN) today announced Carlo Materazzo as Vice President, Logistics. Materazzo, who starts at Rivian today, brings more than twenty years of experience in the...
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Tesla's China woes; Lucid commits to NACS: This week in EVs
Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: |Lucid commits to NACS in 2025; |Tesla slumps in China; and |XPeng delivers...
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ExxonMobil replaces Tesla as most shorted large-cap stock
ExxonMobil (NYSE:XOM) has overtaken Tesla (NASDAQ:TSLA) as the most shorted large-cap stock in the S&P 500 in October, according to data from HazelTree. This development ends Tesla's...
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Midday movers: Warner Bros Discovery, Eli Lilly, Robinhood and more
Investing.com -- U.S. stocks were wobbling on Wednesday amid a slew of earnings reports, as investors await a second public appearance this week by Federal Reserve Chair Jerome Powell, who...
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Nasdaq 100 pre-market indicator dips, Rivian Automotive rises on buy recommendation
In the NASDAQ 100 pre-market activity today, the indicator dipped to 15,295.21 with a total pre-market volume of over 27 million shares. Rivian (NASDAQ:RIVN) Automotive (NASDAQ: RIVN)...
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Needham & Company maintains Rivian Automotive at 'buy' with a price target of $25.00
An analyst from Needham & Company maintained Rivian Automotive (NASDAQ: RIVN) at 'buy' with a price target of $25.00 from a prior price target of %currency%%price%. Prior to this...
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Canaccord Genuity maintains Rivian Automotive at 'buy' with a price target of $30.00
An analyst from Canaccord Genuity maintained Rivian Automotive (NASDAQ: RIVN) at 'buy' with a price target of $30.00 from a prior price target of %currency%%price%. Prior to this rating,...
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Wells Fargo maintains Rivian Automotive at 'equal weight' with a price target of $19.00
An analyst from Wells Fargo maintained Rivian Automotive (NASDAQ: RIVN) at 'equal weight' with a price target of $19.00 from a prior price target of %currency%%price%. Prior to this...
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Mizuho Securities maintains Rivian Automotive at 'buy' with a price target of $30.00
An analyst from Mizuho Securities maintained Rivian Automotive (NASDAQ: RIVN) at 'buy' with a price target of $30.00 from a prior price target of %currency%%price%. Prior to this rating,...
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Rivian and Lucid share contrasting forecasts amid challenging EV market
Rivian (NASDAQ:RIVN) Automotive and Lucid Group (NASDAQ:LCID), two major players in the electric vehicle (EV) market, unveiled contrasting forecasts on Wednesday. Rivian's resilience is...
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Earnings call: Rivian raises annual production guidance, plans expansion amid losses
In the Rivian (NASDAQ:RIVN) Third Quarter 2023 Earnings Call, the electric vehicle (EV) company expressed confidence in achieving its long-term margin and profitability targets, despite...
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Rivian Automotive beats Q3 revenue estimates, raises 2023 production guidance
Rivian Automotive (NASDAQ:RIVN) shares rose nearly 2% after-hours following the company’s reported Q3 results, with revenue of $1.34 billion coming in better than the consensus estimate...
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Rivian Automotive Announces Commercial Van Now Available to More Companies
Rivian Automotive, Inc. (RIVN) today announced that it will enable other companies to purchase its custom-designed Rivian Commercial Van. This move provides companies all around the world...
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Rivian Automotive earnings missed by $0.10, revenue topped estimates
Investing.com - Rivian Automotive (NASDAQ: RIVN) reported third quarter EPS of $-1.44, $0.10 worse than the analyst estimate of $-1.34. Revenue for the quarter came in at $1.34B versus the...
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Lucid becomes latest to adopt Tesla charging standard
Electric automaker, Lucid (NASDAQ:LCID) announced Monday that, starting in 2025, the company will integrate Tesla’s (TSLA) North American Charging Standard (NACS) connectors into their...
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Rivian Launches Apprenticeship Program to Support Georgia Plant
American all-electric vehicle manufacturer Rivian (RIVN) today announced the launch of a new apprenticeship program to support the development of trained staff at its future manufacturing...
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Cantor Fitzgerald upgrades Rivian to Overweight following recent pullback
Cantor Fitzgerald upgraded Rivian Automotive (NASDAQ:RIVN) to an Overweight rating (From Neutral) and reiterated their 12-month price target of $29.00 on the electric automaker’s stock...
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After-hours stock movers: Intel jumps on beat, Enphase sinks
After-Hours Stock Movers: Enphase Energy (NASDAQ:ENPH) 17% LOWER; {{erl-31028||reported Q3 EPS of $1.02, $0.01 worse than the analyst estimate of $1.03. Revenue for the quarter came in at...
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Cantor Fitzgerald Upgrades Rivian Automotive Inc to Overweight, 'We Expect Strong Demand to Continue into 2024'
(Updated - October 26, 2023 5:02 PM EDT) Analysts at Cantor Fitzgerald upgraded Rivian Automotive Inc (RIVN) from Neutral to Overweight with a price target of $29.00.The analysts comment...
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EV stocks tumble following Tesla's Q3 earnings and Musk's cautious outlook
Electric vehicle (EV) stocks, including Tesla (NASDAQ:TSLA), Nikola (NASDAQ:NKLA) Corp., Lucid Group Inc. (NASDAQ:LCID), Mullen Automotive Inc. (NASDAQ:MULN), and Rivian (NASDAQ:RIVN)...
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China's CATL reports severe drop in profit growth as EV demand weakens
China's CATL (SZ:300750), the leading global battery manufacturer for electric vehicles (EV), announced on Thursday that its third-quarter profits had grown by 10.7%, representing the...
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Tesla follows GM and Ford, slows EV ramp as demand drops
Tesla (NASDAQ:TSLA), on Wednesday, echoed the cautious approach of General Motors (NYSE:GM) and Ford (NYSE:F) towards expanding electric vehicle (EV) production capacity. The company cited...
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