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RIVN News and Press, Rivian Automotive Inc. From 05/03/24

Stock Information

Company Name: Rivian Automotive Inc.
Stock Symbol: RIVN
Market: NASDAQ
Website: rivian.com

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RIVN - Why Rivian Shares Popped Friday

2024-05-03 12:55:53 ET Rivian Automotive (NASDAQ: RIVN) stock popped Friday morning after the company reported that it has received a large incentive package from the state of Illinois to expand its electric vehicle (EV) manufacturing plant. Shares jumped as much as about 6% and...

RIVN - Rivian names Javier Varela its new chief operations officer

2024-05-03 12:20:24 ET Rivian Automotive Inc (NASDAQ: RIVN) is in focus today after it named Javier Varela is new chief operations officer. Who is Javier Varela? Varela will replace Frank Klein at the electric vehicles company who’s quitting after two years in that role. ...

RIVN - U.S. government gives EV makers two year reprieve on FEOC graphite for batteries

2024-05-03 10:45:09 ET The U.S. Treasury and Internal Revenue Service have extended tax credits for electric vehicles containing Chinese graphite for another two years allowing EV makers more flexibility to manufacture and sell vehicles that are eligible for the $7,500 tax credit. ... ...

RIVN - Rivian hires Javier Varela as chief operations officer

2024-05-03 09:24:43 ET More on Rivian Rivian: Broken Growth Story In A Bottomless Pit Rivian Shows Silver Linings Before Earnings Rivian: A Strong Buy At All-Time Lows (Rating Upgrade) Rivian lands $827M in state funding to help expand manufacturing plant in ...

RIVN - Rivian Hires Javier Varela as Chief Operations Officer

Rivian Automotive, Inc. (NASDAQ: RIVN) announced today Javier Varela will join as its Chief Operations Officer as the company focuses on optimizing operational efficiencies, including the production of R2, its midsized SUV. Varela joins Rivian from Volvo Cars, where he served as Chief Operating O...

RIVN - Wall Street Breakfast Podcast: Dave & Buster's Plans Online Arcade Betting

2024-05-03 06:48:30 ET Summary Dave & Buster's plans to launch online betting on arcade games, allowing small bets through its app. Rivian Automotive receives state funding to expand its manufacturing plant in Illinois. Apple's Q2 results exceed expectations, with revenue ...

RIVN - Rivian lands $827M in state funding to help expand manufacturing plant in Illinois

2024-05-02 14:59:28 ET More on Rivian Rivian: Broken Growth Story In A Bottomless Pit Rivian Shows Silver Linings Before Earnings Rivian: A Strong Buy At All-Time Lows (Rating Upgrade) Select electric vehicle stocks rally due to Tesla halo effect MEVC...

RIVN - Rivian to Receive $827M in Illinois State Funding to Expand Normal, IL Facility

Company intends to increase capacity of plant to manufacture R2, its midsized SUV Rivian Automotive, Inc. (NASDAQ: RIVN) announced today it has received an $827M incentive package from the State of Illinois Department of Commerce & Economic Opportunity, which will allow the company ...

RIVN - Baron Opportunity Fund Q1 2024 Shareholder Letter

2024-05-02 10:25:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. During the first quarter, Baron Opportunity Fund rose 15.33%, outperforming the broade...

RIVN - Rivian: Broken Growth Story In A Bottomless Pit

2024-05-01 15:01:41 ET Summary Rivian stock reached a new all-time low in April 2024 as selling pressure intensified. Rivian faces immense challenges overcoming production scaling headwinds amid broad EV industry weakness. While buying RIVN's weakness might seem tempting, inve...

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