Rivian surprised the market by slashing capital expenditure guidance.
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Rivian just posted its cleanest quarterly beat in months and lifted full-year guidance, so why are shareholders waking up to an 8% drop while Lucid bleeds in sympathy and Tesla quietly holds its ground?
Rivian’s lawyers state that the Supreme Court’s ruling alone does not guarantee companies will automatically receive tariff refunds.
Tesla shares sank heavily after reporting quarterly earnings.
Tesla just posted record deliveries and Wall Street still hammered the stock lower by 8%, exposing a growing divide between what the company ships today and what investors are actually paying for.
Tesla (TSLA) delivered earnings and revenue surprises of -34.00% and +9.41%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg) -- Lucid Group Inc., the electric-vehicle maker, said it isn’t considering a bankruptcy, and so far, the market believes it.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free Entry for Indian TouristsThe Saudi-backed company i
Lucid stock collapsed by half in a single afternoon after reports surfaced that the EV maker hired turnaround specialists to weigh options that range from going private to a potential court filing, and now shareholders are left waiting to find out which path the Saudi-backed automaker actually chooses.
(Bloomberg) -- Lucid Group Inc. shares sank Tuesday after a news report said the electric vehicle maker is working with a restructuring advisor and weighing options that include filing for bankruptcy protection or going private.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeUS CPI Falls for the First Time Since 2020, Core Gauge FlatA Cocaine Bust in Spain Leads All the Way to Wall Street‘We Faltered’: IBM Plunges Most Since 1968 on Sales MissTrump Shelves
Rivian is producing more cars than it expected and just raised its full-year production guidance.
Shares of electric automaker Rivian are down 13% today after it disclosed plans to sell 75 million shares of common stock. Based on Rivian's share price Monday evening, when the move was announced, the sale would raise about $1.5 billion. The automaker said it plans to use the proceeds from a sale for "general corporate purposes," including equity requirements for a U.S. Department of Energy loan meant to support construction of its upcoming electric vehicle manufacturing facility in Georgia.
(Bloomberg) -- US stock futures pointed to renewed weakness in technology shares after Samsung Electronics Co.’s earnings failed to satisfy investors, renewing pressure on chipmakers across global markets.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Senten
Rivian, on Monday, announced its intent to sell 75 million shares in a public offering.
The complaint was filed on Wednesday in the U.S. District Court for the Central District of California, TechCrunch reported.
NHTSA is investigating two complaints involving possible rear toe link separation in Rivian's R1 pickups and SUVs.
NHTSA opened a preliminary investigation into nearly 115,000 R1S and R1T vehicles
Citi just trimmed its price target on Lucid Group (NASDAQ:LCID) to $14 from $17, while keeping a Buy rating. Analyst Michael Ward cited the company’s Q1 2026 miss and the withdrawal of its 2026 outlook, but argued the medium-term thesis remains intact. For long-term investors, the price target cut reads as a sobering near-term recalibration ... Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker