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The company is trying to control costs to prepare for what Tesla CEO Elon Musk calls some “rough quarters” ahead.
Rivian stock price has rebounded in the past few days, moving from a low of $11.57 in August to the current $14.45.
The R2 is vital for Rivian to achieve profitability. The company expects that its cost of revenues per vehicle for the R2 ...
Right now, Rivian is only producing around 50,000 vehicles a year with one consumer model called the R1. These are expensive ...
Rivian Automotive shares are trading marginally lower Thursday morning. Recent optimism is centered on Rivian's upcoming R2 ...
What Happened? Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 3.6% in the morning session after the ...
Production for the quarter totaled 5,979 units, a decline of 37.8% compared to the same period in 2024, attributed to supply ...
Electric-vehicle manufacturer Rivian Automotive (NASDAQ:RIVN) has had quite an eventful week so far, likely thanks to RIVN ...
If you’re trying to make sense of the latest action in Rivian Automotive (RIVN), you’re not alone. There’s plenty for investors to digest right now. Optimism is building around the company’s upcoming ...
Shares of Rivian Automotive declined after the company laid off workers as it prepares for the launch of a more affordable sport utility vehicle next year. The stock fell 5.6% to $13.63 on Thursday.
Rivian shares are dropping Thursday afternoon. The decline follows a Wall Street Journal report that the company is cutting less than 1.5% of its workforce.
Rivian CEO RJ Scaringe said during Tuesday's second-quarter earnings call that US policies around EVs will impact Rivian's ...