Rivian is telling investors that it might see better sales year than it expected, despite the many headwinds working against electric vehicles in the U.S. right now.
The JD Power 2026 U.S. Initial Quality Study was just released.
Rivian stock trades at a deep discount to Tesla. Rivian's AI efforts should excite growth investors.
In the closing of the recent trading day, Rivian Automotive (RIVN) stood at $15.11, denoting a -8.57% move from the preceding trading day.
Rivian stands out as a differentiated EV play amid a top-heavy S&P 500 and AI-driven market. RIVN's recent launch of the midsize R2 platform marks a pivotal 'Model 3' moment, targeting mass-market adoption with a ~50% reduction in BOM costs. The company's latest quarterly results showcase an ever-increasing pile of software revenue, which will further RIVN's push toward gross margin profitability.
Rivian's all-important R2 electric SUV launched on June 9. BI spoke with early-adopting customers to get a clear picture of the car's expected rollout.
Rivian has been sued over allegations that the EV maker made false claims about the autonomous driving capabilities of its R1T truck and R1S SUV models.
Electric SUV maker Rivian Automotive (Nasdaq: RIVN) has cut hundreds of jobs as it seeks to achieve profitability, the company confirmed.
Rivian (NASDAQ: RIVN | RIVN Price Prediction) has fumbled the ball at least twice recently as the company launches what it calls the “affordable” R2.
Rivian Automotive (RIVN) closed the most recent trading day at $15.93, moving 4.5% from the previous trading session.
Rivian confirmed that it laid off less than 2% of its workforce on Tuesday. The carmaker faces a crucial year as it launches the R2 midsize SUV, its most important product.
Rivian is laying off hundreds of workers just one week after it began deliveries of its hotly-anticipated R2 SUV, the company has confirmed to TechCrunch.