Rivian’s Q1 results prompts Wedbush’s sharp rebuke: “A train wreck since its IPO”
Rivian Automotive (RIVN) is up on Thursday's intraday after the company reiterated its full-year production target. The company reported an…
2 years ago
Rivian
Rivian reaffirms ~25K production goal for 2022, reports solid demand despite price increase
Rivian generated $95 million in revenue for Q1 2022, reporting a negative gross profit of $502 million. The EV startup…
2 years ago
Rivian will report Q1 Earnings today: Here’s What to Expect
Rivian Automotive (NASDAQ: RIVN) will report its earnings for the first quarter of 2022 later today. Here's what to expect,…
2 years ago
Ford sells 8M Rivian shares for $214M and is still its fourth-largest shareholder
Ford sold eight million Rivian shares for $26.80 per piece, amounting to $214 million in total, according to a Form…
2 years ago
EV Readiness Index Study shows which U.S. States are most prepared for an electrified future
Perhaps one of the most crucial parts of the transition to electric vehicles as a nation is each state's ability…
2 years ago
Ford to sell 8M Rivian shares after $3.1B net loss
Ford plans to sell 8 million of its Rivian shares. The lockup period for Rivian’s IPO will expire on Sunday,…
2 years ago
Amazon joins Ford in reporting significant losses from Rivian investment
E-commerce giant Amazon joined Detroit-based automaker Ford in reporting significant losses from an investment in electric vehicle startup Rivian, as…
2 years ago
Rivian’s tax agreement for Georgia manufacturing plant gets approval
The Joint Development Authority (JDA) approved the final Economic Development Agreement (EDA) for Rivian’s upcoming manufacturing plant in Georgia. The JDA presides…
2 years ago
Rivian could be facing supplier skepticism, Scaringe believes some are holding back
Rivian could be facing skepticism from suppliers as it continues to ramp production of its electric vehicles. CEO RJ Scaringe…
2 years ago
Rivian’s new sustainability officer has a successful track record of environmental prioritization
Rivian Automotive announced it has hired Anisa Kamadoli Costa as its first-ever Chief Sustainability Officer, bringing a proven and successful…
2 years ago
Rivian announces release of Q1 2022 results and earnings call for May 11
Rivian plans to release its Q1 2022 financial results on Wednesday, May 11, after the markets close. After releasing its…
2 years ago
Rivian announces over 2,500 produced and 1,200 delivered in Q1 2022
Rivian Automotive announced it produced 2,553 vehicles while delivering 1,227 of them during 2022's first quarter, reaffirming its goal to…
2 years ago
Rivian links supply chain woes to ongoing Ukraine-Russian war
In its 10-K filing on Thursday, March 31, Rivian stated that the ongoing Russian invasion of Ukraine has impacted its…
2 years ago
Rivian expects ‘continuing losses’ for foreseeable future as it ramps production
Rivian Automotive said in a 10-K filing with the SEC earlier today that it expects "to incur significant expenses and…
2 years ago
Rivian is one of few pure EV makers that outsourced its electric motors
Pure electric vehicle companies have adopted numerous strategies to stand apart from the competition. Tesla makes a lot of its…
2 years ago
Rivian Georgia plant pushing lawmakers to revisit direct sales legislation
Rivian’s $5 billion manufacturing plant in Georgia pushes lawmakers to revisit the peach state’s legislation on direct sales by vehicle…
2 years ago
Rivian to focus on nickel-free LFP batteries for Amazon delivery van, Standard battery pack
Rivian announced that it developed a new pack architecture using Lithium-Iron-Phosphate (LFP) cells in its latest Shareholders Report. Rivian is…
2 years ago
Rivian trims production target as supply chain delays linger, shares slide
Rivian (NASDAQ: RIVN) missed Wall Street consensus estimates after reporting a loss of $2.43 per share and revenue of $54…
2 years ago
Rivian to report Q4 2021 Earnings today: Here’s what to look for
Rivian (NASDAQ: RIVN) will report its earnings results for the fourth quarter and full year 2021 today after the market…
2 years ago
Rivian faces lawsuit after price hike on R1T, R1S preorders
Hagens Berman and Portnoy Law firm are reaching out to Rivian investors as they prepare for lawsuits related to the…
2 years ago