Rivian makes all-electric trucks, with its consumer truck sitting at the high end of the market. The company is working on a lower-cost EV that should launch in 2026, known as the R2.
I upgrade Rivian Automotive to a strong buy heading into 2026, mainly driven by improving margins, favorable policy tailwinds, and a nice catalyst ahead. Q3 beat Street estimates ($1.56B revenue vs. $1.51B; -$0.65 adj. loss/share vs. -$0.71), and management reiterated FY2025 delivery/EBITDA/capex guidance despite weaker Q4 demand expectations. Software and services, comprising 27% of Q3 revenue...
Tesla effectively forced the major automakers to take electric vehicles seriously. Tesla began with high-end vehicles, and then transitioned to the mass market.
Many investors in 2025 need dependable passive income, especially those getting ready to retire, and one outstanding way to achieve this is to invest in exchange-traded funds (ETFs).
Shares of Rivian Automotive Inc. (NASDAQ: RIVN) are changing hands for 10.5% more than a week ago, despite a significant recall of nearly 35,000 vehicles due to a seatbelt issue and another round of layoffs.
Rivian Automotive plans to recall 34,824 U.S. vehicles due to a damaged seat belt pretension cable that may fail to properly restrain the driver's seat belt, increasing crash injury risk, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday.
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