Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts' estimates — as the ...
Due to the shortage of a part used in the drive unit, Rivian last month slashed its full-year production forecast to between ...
The Irvine maker of electric pickup trucks and sport utility vehicles reported lower-than-expected revenue in the third ...
Hurt by supply constraints and the retooling of its factory, Rivian's third-quarter revenue plunged 35% year over year to ...
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling ...
The investment boost comes at a crucial time for Rivian, which aims to cut costs, achieve profitability, and launch its ...
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
Rivian reduced its losses in the third quarter but also reported a sharp decline in revenue amid a supply chain disruption ...
Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts’ estimates — as the EV startup struggled to resolve a component shortage that ...
Earlier today, Lucid stock was up 6%, though around noon ET it was negative on the day. Similarly, Rivian was up 4.8% earlier ...
VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...