Rivian CEO RJ Scaringe purchased 41,000 shares of the EV manufacturer’s Class A common stocks at an average price of $25.7772. Scaringe’s Rivian stock purchase approximately...
Rivian’s Amazon delivery van production might come to a halt if its seat supplier stopped deliveries. Rivian sued its seat supplier, Commercial Vehicle Group Inc., for...
Ford Motor Co. sold $188.2 million additional shares of electric vehicle company Rivian on Friday after already selling $214 million shares earlier this week. Filings with...
Despite Rivian Automotive’s (NASDAQ: RIVN) weak showing in its 2022 Q1 earnings report, Wedbush analysts remain bullish on the automaker in the long term. However, the...
Updated 6:35 PM ET: Rivian statement added and lede and headline updated for accuracy. Rivian Automotive said it would recall 502 2022 R1T all-electric trucks in...
Rivian Automotive (RIVN) is up on Thursday’s intraday after the company reiterated its full-year production target. The company reported an adjusted loss per share of $1.43...
Rivian generated $95 million in revenue for Q1 2022, reporting a negative gross profit of $502 million. The EV startup also revealed that it produced 2,553...
Rivian Automotive (NASDAQ: RIVN) will report its earnings for the first quarter of 2022 later today. Here’s what to expect, according to Wall Street consensus estimates...
Ford sold eight million Rivian shares for $26.80 per piece, amounting to $214 million in total, according to a Form 4 SEC filing on May 10,...
Ford plans to sell 8 million of its Rivian shares. The lockup period for Rivian’s IPO will expire on Sunday, May 8. The lockup period refers...
E-commerce giant Amazon joined Detroit-based automaker Ford in reporting significant losses from an investment in electric vehicle startup Rivian, as the company’s stock tanked from all-time-highs...
The Joint Development Authority (JDA) approved the final Economic Development Agreement (EDA) for Rivian’s upcoming manufacturing plant in Georgia. The JDA presides over Jasper County, Morgan County, Newton...
Ford (NYSE: F) reported $34.5 billion in revenue through Q1 2022, with a net loss of $3.1 billion “primarily attributable to valuation of investment in Rivian.”...
Rivian could be facing skepticism from suppliers as it continues to ramp production of its electric vehicles. CEO RJ Scaringe recently admitted that sourcing parts from...
Rivian Automotive announced it has hired Anisa Kamadoli Costa as its first-ever Chief Sustainability Officer, bringing a proven and successful track record of environmental prioritization to...
Rivian plans to release its Q1 2022 financial results on Wednesday, May 11, after the markets close. After releasing its first quarter results, Rivian will hold...
Rivian Automotive announced it produced 2,553 vehicles while delivering 1,227 of them during 2022’s first quarter, reaffirming its goal to build 25,000 all-electric cars this year....
In its 10-K filing on Thursday, March 31, Rivian stated that the ongoing Russian invasion of Ukraine has impacted its business and operations. Rivian noted that...
Rivian Automotive said in a 10-K filing with the SEC earlier today that it expects “to incur significant expenses and continuing losses for the foreseeable future,”...
Pure electric vehicle companies have adopted numerous strategies to stand apart from the competition. Tesla makes a lot of its components in-house, including its vehicles’ electric...