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The state of California is offering new incentives to first-time electric vehicle buyers, with legislation passed for purchases without an application needed. The new incentives could help Rivian Automotive and Lucid Group, while notably ignoring Tesla Inc. New First-Time Buyer...
Rivian Automotive stock has delivered a 42.5% gain over the past year, yet its valuation checks lean expensive, which raises the question of how much optimism is already in the price. Over the last 12 months, Rivian Automotive shares are up 42.5%, a strong return that can leave new buyers wondering how much upside is left from here. Recent production momentum and raised delivery expectations can support growth assumptions, while ongoing cash burn and financing needs may keep a lid on how...
The electric vehicle maker just raised its full-year outlook -- and the hard part starts now.
Rivian and Lucid are both fighting an uphill battle, but Rivian appears to have a far better strategy for winning.
Rivian executives sold millions in shares last month, and Reddit is convinced the stock is cooked. But the actual SEC filings point to a very different conclusion about who is truly betting on RIVN right now.
While these stocks operate in an industry known for razor-thin margins, software innovations are showing savvy investors how that could drastically change going forward.
TSLA's Q2 deliveries and energy storage deployments topped forecasts, with overseas EV demand and Megapack and Powerwall strength in focus.
BNP Paribas has been one of the few Wall Street firms that is bearish on EV industry leader Tesla. Late last year, the firm initiated coverage with an underperform rating and a $280 price target. BNPP cited unrealistic goals and a bloated valuation as the reasons for the bearish outlook on the ...
The EV race is about more than vehicle sales.
The company anticipates shipping as many as 70,000 of its vehicles this year.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 7.1% in the afternoon session after it snapped a four-session run-up despite a delivery report that beat expectations by a wide margin.
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 10.2% in the morning session after the company reported stronger-than-expected second-quarter vehicle deliveries and raised its full-year forecast.
The automotive tech provider was one of the few beneficiaries of higher gas prices.
Rivian stock rallies on better-than-expected Q2 deliveries and raised full-year outlook. Canaccord reiterated its bullish view on RIVN shares today.
Rivian Sends a Powerful Signal With Raised 2026 Delivery Target
Consumer stocks were mixed late Thursday afternoon with the State Street Consumer Staples Select Sec
Market Domination Host Josh Lipton tracks several of the day's top trending stock tickers, including Palantir Technologies (PLTR) getting an upgrade to Buy from D.A. Davidson analysts, Rivian (RIVN) lifting its full-year outlook on EV deliveries, and Robinhood Markets (HOOD) expanding its product offerings for investors.
First R2 deliveries helped push Q2 results to 12,194 vehicles
Rivian now expects 65,000 to 70,000 deliveries this year, above Wall Street's roughly 63,000 estimate.
Rivian Automotive Inc (NASDAQ:RIVN) shares rose about 8% following the company’s second-quarter production and delivery update and an upward revision to its full-year outlook. The electric vehicle maker said it produced 12,613 vehicles at its Normal, Illinois manufacturing facility during the...
Tesla (TSLA) shares were down Thursday even as the company's second-quarter deliveries beat Wall Str
Rivian Automotive (RIVN) raised delivery projections for this year after the electric vehicle manufa
Rivian (RIVN) is a company at a pivot point. After years of producing its premium R1 electric truck and SUV, it has just begun production of the R2, its first vehicle designed for a mass market. For investors, this is the moment the story changes. The stock has gained 25% over the past year but still trades about 23% below its 52-week high, reflecting both the promise and the peril of this transition. The practical question is whether this operational turning point makes RIVN stock a smart buy r
Shares of Elon Musk's EV Maker Dropped Following the Report
Rivian delivered 12,194 electric vehicles in the second quarter, besting its guidance in what’s been a bruising year for EVs in the U.S., and sending its stock surging. The company had predicted deliveries of 9,000 to 11,000 for the quarter.
Rivian reports second-quarter deliveries of 12,194 vehicles. Wall Street was looking for about 11,000 vehicles.
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