Rivian Automotive to Build a Plant in Georgia
On September 26, 2023, Rivian Horizon, LLC, a subsidiary of Rivian Automotive (RIVN), the State of Georgia (the “State”) acting by and through the Georgia Department of Economic Development...
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Rivian Automotive News & Analysis
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Britain keeps timeline for 2035 fossil fuel car phase-out despite delay
Britain revealed Thursday that the country will continue with its previous timetable to eliminating fossil fuel-burning cars by 2035, mitigating the consequences of last week's five-year...
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Midday movers: Costco, Warner Bros. Discovery, Rivian and more
Investing.com -- U.S. stocks erased early gains and turned lower, weighed by concerns about higher for longer interest rates and the rising potential for a government shutdown this...
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Analysis-Tesla's rivals scrap for thin slices of US EV sales
By Paul Lienert and Joseph White (Reuters) - Ford Motor (NYSE:F)'s decision to hit the brakes on a planned $3.5 billion battery plant in Michigan highlights a challenge for Tesla...
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Tesla and Rivian projected to shine in Q3 despite temporary setbacks
In the face of temporary shutdowns and fluctuating demand, Baird analyst Ben Kallo has forecasted promising Q3 reports for electric vehicle giants Tesla (NASDAQ:TSLA) and Rivian...
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Baird Adds Rivian Automotive Inc to Fresh Pick List
Baird analyst reiterated an Outperform rating and $30.00 price target on Rivian Automotive Inc (RIVN).The analyst comments "Reiterate Outperform and designating as a Fresh Pick. We are...
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Factbox-More automakers plug into Tesla's EV charging network
(Reuters) - More automakers signed up to access Tesla (NASDAQ:TSLA)'s electric-vehicle charging infrastructure across the United States, taking the Elon Musk-led company's superchargers...
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Chinese EV growth challenges traditional automakers, Ford and GM face tough decisions
In the global transition to electric vehicles (EVs), traditional automakers are grappling with significant challenges, as demonstrated by the situation in China. The nation's increasing...
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Stock market today: Dow rallied after Arm IPO popped; eyes turn to Fed meeting
Investing.com -- U.S. stocks rallied on Thursday after stronger than expected retail sales pointed to a resilient economy even as inflation data came in hotter than expected. At 16:01 ET...
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Arm Holdings' IPO becomes largest in US since 2021, valued at $54.5 billion
Arm Holdings, the chip designer owned by SoftBank (TYO:9984), made its market debut on Thursday, marking the largest initial public offering (IPO) in the US since 2021. The company was...
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Stocks are rising after Arm IPO as investors shrug off inflation data
Investing.com -- U.S. stocks were rising after stronger than expected retail sales pointed to a resilient economy even as inflation data came in hotter than expected. At 12:52 ET (16:52...
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Arm shares open at $56.10 a share, topping IPO price
Investing.com -- Shares in Arm opened at $56.10 in New York, about 10% above the chip designer's initial public offering of $51. The IPO price was already at the top end of Arm's indicated...
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Stocks rise as retail sales data show resilient consumer
Investing.com -- U.S. stocks were rising after stronger than expected retail sales pointed to a resilient economy even as inflation data came in hotter than expected. At 11:00 ET (15:00...
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U.S. stocks were rising after retail sales show resilient consumer
Investing.com -- U.S. stocks were rising after stronger than expected retail sales pointed to a resilient economy even as inflation data came in hotter than expected. At 9:39 ET (13:39 GMT),...
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Dow futures edge higher; PPI data and retail sales ahead
Investing.com -- U.S. stock futures edged higher Thursday, with investors awaiting the release of more inflation data as they look for increased clarity over the U.S. policy outlook. By...
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PPI and retail sales ahead, Arm prices IPO - what's moving markets
Investing.com -- Investors await the release of fresh economic data on Thursday, as Wall Street considers how a faster-than-anticipated measure of consumer price gains may impact future...
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UBS maintains Neutral rating on Tesla; initiates coverage on Rivian
UBS Global reiterated a Neutral rating on Tesla (NASDAQ:TSLA) and raised their 12-month price target on the EV stock to $290.00 (From $270.00). The adjustment comes in light of Tesla's...
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UBS Starts Rivian Automotive Inc at Neutral, 'Bumpy path to a better view'
(Updated - September 13, 2023 6:04 AM EDT) UBS analyst initiates coverage on Rivian Automotive Inc (RIVN) with a Neutral rating and a price target of $26.00.The analyst comments "With a...
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U.S. committee recommends royalties on mining minerals for EVs
A federal committee, Tuesday, put forth a suggestion to introduce royalties on U.S. hardrock mining with an aim to potentially boost domestic mining production by generating additional funds...
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Rivian to benefit next year as EV battery material prices ease - CFO
(Reuters) -Electric-vehicle maker Rivian Automotive will benefit late this year and in 2024 from a significant deflation for battery material prices, finance chief Claire McDonough said at a...
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Rivian is expecting cheaper prices for battery materials in 2024
Electric vehicle maker, Rivian (NASDAQ:RIVN) made an appearance at the Goldman Sachs Communacopia + Technology conference Thursday where the company’s finance chief Claire McDonough shared...
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Rivian names former Porsche exec as new CCO
Rivian Automotive Inc (NASDAQ:RIVN) revealed Friday that the electric automaker has named former Porsche CEO, Dr. Kjell Gruner as its newest Chief Commercial Officer (CCO) and President...
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Rivian Automotive Appoints Kjell Gruner as Chief Commercial Officer and President, Business Growth
On September 1, 2023, Rivian Automotive (RIVN) announced the appointment of Kjell Gruner as the Company’s Chief Commercial Officer and President, Business Growth, effective immediately. Dr....
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Rivian's CEO's Salary Raised to $1M from $650K, Bonus also Hiked
On August 25, 2023, the Board of Directors (the “Board”) of Rivian Automotive (NASDAQ:RIVN), on the recommendation of the Compensation Committee of the Board (the “Compensation...
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Tesla , other EV names gain
Tesla (TSLA) and other EV names are stronger today, helped in part by weaker economic data - which is a doubled-edge sword. On one hand it could stop the Fed from hiking rates, on the other...
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Needham remains bullish on Rivian as data shows strong secondary market
Needham reiterated a Buy rating on Rivian Automotive (NASDAQ:RIVN) with a 12-month price target of $31.00 after performing a used vehicle marketplace check. According to the checks,...
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Needham & Company maintains Rivian Automotive at 'buy' with a price target of $31.00
An analyst from Needham & Company maintained Rivian Automotive (NASDAQ: RIVN) at 'buy' with a price target of $31.00. Prior to this rating, Rivian Automotive had 15 buy ratings, 7...
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Arm files for IPO, Microsoft alters Activision deal - what's moving markets
Investing.com -- Chip designer Arm announces plans for a much-anticipated initial public offering, although the Softbank-owned group stops short of specifying its valuation. Elsewhere, tech...
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Fisker inks deal with Tesla to adopt NACS by 2025
California-based, emerging electric vehicle maker, Fisker (NYSE:FSR) announced Tuesday morning that the automaker has signed an agreement with Tesla (NASDAQ:TSLA) to adopt the North American...
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