Rivian Automotive Inc (NASDAQ:RIVN) shares rose about 8% following the company’s second-quarter production and delivery update and an upward revision to its full-year outlook.
The electric vehicle maker said it produced 12,613 vehicles at its Normal, Illinois manufacturing facility during the quarter ended June 30, 2026, while deliveries totaled 12,194 vehicles.
Robinhood Markets Inc (NASDAQ:HOOD) shares rose about 4% on Wednesday following the launch of Robinhood Chain, a new Ethereum-based layer-2 blockchain built using Arbitrum’s Orbit technology and designed to support tokenized assets and onchain financial products.
The move marks a significant expansion of Robinhood’s crypto strategy, with the company positioning the network as a foundation for bringing traditional investing products onchain.
Ford Motor Company (NYSE:F) reported a 10.3% year-over-year decline in US second-quarter sales on Thursday, as supply constraints affecting its F-Series pickup trucks and a sharp drop in electric vehicle demand weighed on results.
The automaker sold 549,200 vehicles in the quarter, down from 612,095 a year earlier. The result was slightly better than expectations for an 11.5% decline, according to Cox Automotive.
Tesla Inc (NASDAQ:TSLA) reported second quarter vehicle deliveries of 480,126 and production of 451,758, surpassing Wall Street expectations as the electric vehicle maker seeks to reverse recent sales declines.
The company delivered 467,762 Model 3 and Model Y vehicles during the quarter, while deliveries of its other models totaled 12,364. Tesla produced 442,936 Model 3 and Model Y vehicles and 8,822 vehicles across its other models.