Company
Rivian Automotive Inc
NASDAQ:RIVN
Rivian Automotive is a designer of electric utility vehicles and pickup trucks. The company is making its trucks on a 'skateboard' platform in order to support future vehicles or be adopted by other companies.
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Rivian losses grow slightly but production confidence and growing backlog reassure analysts
"We are cautiously optimistic that many of the headaches in the Rivian story are starting to be in the rear view mirror," said broker Wedbush
Rivian slides further after recalling nearly all its EVs
'We have greater concerns on 2023 production expectations'
Rivian on track for full-year EV production target after record Q3
The Tesla rival produced 7,363 vehicles in the three months to September at its Illinois factory – the highest quarterly total to date
Rivian warns of wider loss but maintains production target amid growing backlog
The company forecasts an EBITDA loss of US$5.4bn for full year compared to US$4.75bn loss it guided in May, and expects Capex of US$2bn, down from US$2.6bn in May
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Fuller Treacy Comment of the Day - Amazon to Use Rivian Vans as EV Maker Works Toward Delivery Goal, and more...
Comment of the DayVideo commentary for July 25th 2022A link to today's video commentary is posted in the Subscriber's Area. Some of the topics discussed include: oil steadies, Stocks steady, gold and silver ease back, Treasuries pause, Indi
Rivian Automotive plans to slash 5% of its workforce
The electric truck company has a backlog of orders, including 100,000 delivery vehicles for Amazon
Rivian slide continues as Ford heads for exit
Ford wrote down its stake in Rivian by US$5.5bn in March
Rivian shareholder files lawsuit over EV price hike and 'misleading' IPO
The lawsuit claims that the unexpected price rises will "tarnish Rivian's reputation as a trustworthy and transparent company" and could lead to the cancellation of many preorders
Rivian shares endure fallout from pricing chaos
Shares in Rivian fell yesterday as chaotic backtrack alienated investors and "broke the trust" of customers