Rivian Automotive, Inc. Class A Common Stock (RIVN)
Could Buying Rivian Stock Today Set You Up for Life?
Rivian (RIVN 0.08%) hasn't had the best year in 2024. The stock has lost around half its value year to date as of this writing.
Monster insider trading alert for Rivian stock
Quite unexpectedly, 2024 has not been a good year for electric vehicle makers thus far — at least for most of them. An unfavorable macro environment and stubborn supply chain issues, coupled with slowing demand have come together to form a market where just a couple of carmakers can win — while others are resigned to seemingly endless struggles.
Why Rivian Stock Surged Higher Again Today
Rivian Automotive (RIVN 3.04%) stock is on a roll. A recent move higher has gone into overdrive over the past two days.
Rivian Receives $6.6B Loan Approval to Build EV Production Facility
RIVN gets conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build an EV production plant in Georgia.
Rivian's Loses Hit $19 Billion
The Department of Energy's Advanced Vehicle Technology Manufacturing plans to loan small EV company Rivian Automotive (NASDAQ: RIVN) $6.6 billion.
Rivian Stock (RIVN) Reverses Higher; Will Buyers Follow Lead?
I have a few central themes for 2025. Yesterday we discussed one of them: vanity stocks.
Where Will Rivian Be in 3 Years?
Down by 92% since its initial public offering (IPO) in November 2021, Rivian Automotive (RIVN -0.43%) highlights the risks of buying a stock too early. The electric vehicle (EV) maker failed to live up to its hype as relentless cash burn and competition eroded its business.
Rivian locks in US government loan for Georgia EV plant construction
Rivian Automotive Inc (NASDAQ:RIVN) has secured a conditional loan worth up to $6.6 billion from the US Department of Energy's Advanced Technology Vehicle Manufacturing Loan Program which will be used to support the construction of its Georgia EV factory. The company intends to build the Georgia facility in two stages, each adding 200,000 units of annual production capacity for a total of 400,000 units.
Rivian to use Biden administration loan to boost competitiveness of its EVs
Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in 2026.
Why Rivian Stock Popped, Dropped, Then Recovered Today
Investors are digesting a flurry of news surrounding electric vehicle (EV) maker Rivian Automotive (RIVN 1.94%). It seems the market doesn't know what to make of the mixed bag of information either.
Rivian Stock Gains as Georgia Plant Gets Conditional Funding: What to Know
If Rivian's $6.6 billion government loan gets approved, it will support the construction of the EV maker's new production facility in Georgia.
Rivian to Receive $6.6 Billion Department of Energy Loan for Georgia Plant
Rivian (RIVN) announced late Monday that it has received "conditional commitment" from the Department of Energy for a $6.6 billion loan to finance the construction of a factory in Georgia.
