Rivian CEO RJ Scaringe addressed weak 2025 guidance and said tariffs and the removal of EV credits could impact pricing.
Tesla can directly sell its cars to customers in Washington. Other firms, like Rivian, cannot. Legislation to change that stalled last week.
Rivian Automotive shares fell Friday, a day after the company predicted 2025 deliveries below analysts' estimates.
Rivian's strong earnings beat, first-ever gross profit, and surging software revenue boost its outlook, despite macro uncertainties. Click here to read more.
The California-based electric vehicle maker intends to complete its $5 billion plant in Georgia, despite having faced hurdles in doing so.
The electric vehicle industry is growing at a rapid pace. The U.S. saw a 7% jump in EV sales last year and despite soaring competition, two EV players have been the talk of the town. Tesla (NASDAQ: TSLA) is known as an EV maker that brought the latest technology to town.
The electric vehicle industry is growing at a rapid pace. The U.S. saw a 7% jump in EV sales last year and despite soaring competition, two EV players have been the talk of the town. Tesla (NASDAQ: TSLA) is known as an EV maker that brought the latest technology to town.
Rivian Automotive Inc.'s $6.6 billion federal loan for its planned electric vehicle manufacturing plant in Georgia hangs in the balance following recent actions by the President Donald Trump administration.
A bipartisan effort aiming to give Rivian, Lucid and other EV makers the right to sell their vehicles directly to consumers stalled in Washington.
Rivian (NASDAQ:RIVN) investors had their eyes locked on one crucial number ahead of the EV maker’s Q4 earnings: its first-ever gross profit.
Rivian turned a gross profit for the first time. The EV maker faces potential headwinds from rising tariffs, changes in regulations, and the elimination of federal EV incentives. The stock remains a speculative investment.
Shares of Rivian Automotive (NASDAQ: RIVN) have fallen more than 90% from their all-time highs in late 2021. Perhaps investors just flocked like lemmings into electric vehicle (EV) stocks a few years ago,