Four employees have sued Rivian in separate lawsuits this year over allegations they were harassed, in some cases by top executives, and that the company's leadership did little to address their concerns, according to a TechCrunch review of court records.
Amazon.com Inc AMZN and Rivian Automotive RIVN have been partners in an electric delivery van deal since the EV company went public in 2021. Here's a look at the recent milestone hit and what's next for both companies.
Rivian faces production woes, cash burn and regulatory uncertainties. New investors should wait, while current shareholders may hold for long-term potential.
So you've wanted to invest in the electric vehicle (EV) maker Rivian (RIVN -11.16%), but you haven't gotten around to it. In fact, you've wanted to invest in it for about three years.
There are multiple crosscurrents in the electric vehicle (EV) sector right now. Analysts are trying to weigh how manufacturers will weather a potentially changing regulatory climate next year as well as what it will mean for demand.
Rivian (RIVN -3.33%) stock is on fire recently, but the company's operations are still burning billions in cash each year. Now there are rumors that the $7,500 tax credit will end under the Trump administration.
Shares of electric Vehicle (EV) firm Rivian Automotive Inc (NASDAQ:RIVN) are 1.4% lower premarket, following a bear note at Baird.
Rivian stock has seen a strong post-election buy, rising by more than 50% despite the perceived headwinds for EV sector under the next White House administration. Rivian has been able to deliver YoY R&D reduction of $179 million or 33% in the recent quarter, which has reduced the operating expenses significantly. Improved ASP in 2025 and better deliveries should improve the revenue projections and also help in improvement of gross margin significantly.
It's a Big 3 and Under 30 crossover as Alan Knuckman looks at three names under $30 he considers notable. He talks about why he's "following the money" in Weibo Corp. (WB), Unity (U), and Rivian (RIVN).
Tesla was the trailblazer in the electric vehicle (EV) industry, and competitors, both incumbent brands and start-ups, have tried replicating its success ever since. Rivian Automotive (RIVN 1.20%) has done a solid job establishing itself as a legitimate presence in the field, with over 50,000 deliveries last year.
Investing in what you know is important, or at least thoroughly understanding the products or services the business revolves around. For Rivian (RIVN 1.20%) investors, that might be difficult if you don't want to jump in head first as an early adopter to drive the vehicle yourself.
This year, the valuations of many electric car stocks slumped. One that struggled mightily at times was Rivian (RIVN 1.20%).