Is Rivian stock a millionaire maker? Investors weigh in.
Today, the thesis that may have justified Rivian'speak valuation of over $153 billion (the company is worth just over $10 billion today) has largely evaporated. Growth for the pure-play EV companies has stalled, and the traditional automakers are flooding the market with many different options — particularly in Rivian's core SUV and truck segment.
Rivian Automotive (NASDAQ: RIVN) stock is hitting the brakes today after it spiked nearly 14% yesterday. When initially ...
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
Rivian Automotive shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with ...
Shares of Rivian Automotive (NASDAQ: RIVN) catapulted this morning, surging 23.8% within minutes of the start of trading.
Tesla, the iconic electric vehicle maker headed by its boisterous ... Despite trading at a premium early on in its trading history, Rivian stock now trades at a deep discount to Tesla shares.
Rivian reported third quarter revenue that missed the mark and a wider-than-expected loss as the pure-play adventure electric ...
Rivian Automotive shares are moving higher in Tuesday's after-hours session after the company announced the launch of its ...
Electric-vehicle start-up Rivian Automotive reported a wider-than-expected third-quarter loss, but the stock rose anyway.For ...
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