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2024-07-07 09:00:00 ET Rivian Automotive (NASDAQ: RIVN) has been a tough stock to own since its initial public offering (IPO). The electric vehicle (EV) maker went public at $78 per share on Nov. 10, 2021, and set a record high of $172.01 less than a week later, but currently trades...
2024-07-06 10:29:30 ET The stock indexes closed on a higher note this week, as investors and traders assessed the latest employment data that showed labor market resilience, comments by Federal Reserve chair Jerome Powell and the minutes of latest monetary policy meeting. EV maker Tesla ( ...
2024-07-06 09:33:58 ET More on Rivian Volkswagen Blockbuster Deal Makes Rivian A Buy (Upgrade) Rivian: Don't Bet On The Wrong EV Challenger Rivian: The VW Deal Could Be A Game Changer (Upgrade) Electric vehicle stocks rally as Tesla's halo burns a little brig...
2024-07-06 08:00:00 ET More on Li Auto, Nio, etc. Li Auto: The Pullback Is Not Justified NIO: It's Getting Interesting Li Auto: Weakening Financials Encourage Caution NIO is viewed favorably by Morgan Stanley NIO finance chief Steven Wei Feng steps do...
2024-07-06 05:03:00 ET Fool.com contributor Parkev Tatevosian details the latest developments for Rivian (NASDAQ: RIVN) stock investors. *Stock prices used were the afternoon prices of July 2, 2024. The video was published on July 4, 2024. Continue reading Fo...
2024-07-05 11:06:45 ET Summary Rivian Automotive partners with Volkswagen, receiving billions in investment for a joint venture to counter Tesla and lower development costs. The deal with Volkswagen allows Rivian Automotive to address profitability concerns and potentially acceler...
2024-07-05 10:27:58 ET Summary Rivian investors enjoyed a remarkable surge spurred by the recent Volkswagen deal. However, the whole deal is predicated on achieving the required technological and financial milestones. It isn't "free money." Rivian is still a fundamentally weak...
2024-07-05 07:12:11 ET Summary Global electric car sales in May 2024 are up 23% YoY to 20% share. China sales up 33% to 47% share. Europe is down 10% to 21% share. The USA is up 3.2% to 8.74%. EV market news - EVs pass a key measure of 'Price Parity' in the US. EU to slap tariffs ...
2024-07-05 06:57:18 ET Summary Volkswagen AG's transition to battery-electric vehicles has faced setbacks, similar to General Motors and Ford. VW is investing $48 billion in BEVs, struggling in the U.S. market, and losing ground in China. Partnership with Rivian and XPeng may ...
2024-07-04 04:29:00 ET Last month, we got a massive shake-up in the electric vehicle (EV) industry. Rivian Automotive (NASDAQ: RIVN) -- one of the most successful EV brands besides Tesla -- inked a $5 billion deal with Volkswagen to fund future growth and build a software/te...
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2024-07-21 05:28:00 ET While many investors are currently pessimistic regarding the electric vehicle (EV) industry, as sales growth continues to creep along rather than explode higher, Rivian (NASDAQ: RIVN) continues to buck the trend with positive news. Not only did it exceed expec...
2024-07-20 18:06:00 ET The transition to battery-powered vehicles is well under way, with prominent automotive stalwarts shifting production and resources to making electric vehicles, and small EV start-ups developing their own models. Despite this focus, EV stocks have been volatile ov...
2024-07-20 06:15:00 ET Rivian Automotive (NASDAQ: RIVN) just inked a deal with Volkswagen that Fisker dreamed of as it was reaching for help before eventually filing for bankruptcy. That's not to say Rivian is anywhere near the position Fisker found itself in. Still, the potenti...