Shares of Rivian Automotive (RIVN 12.89%) were trading higher on Monday after California's governor said that his state could provide rebates to electric vehicle (EV) buyers if President-elect Donald Trump ends federal EV tax credits.
Rivian Automotive (RIVN 6.83%) has been an extremely volatile stock since its initial public offering in 2021. Yet volatility can often create incredible buying opportunities.
Rivian (RIVN 2.20%) has plenty of intriguing ambitions to keep investors on the hook. The company has product pipeline visibility with its upcoming R2, due to be launched in the first half of 2026, followed by the R3 and R3X -- all of which will be more affordable than its R1 predecessors.
Rivian Automotive faces short-term production issues and potential loss of EV tax credits but remains a strong long-term investment with significant cash reserves. Despite production setbacks and a revised forecast, Rivian's valuation offers a high margin of safety, making it a compelling buy. Rivian's focus on reducing operating expenses is crucial for future profitability, even as it scales u...
Volkswagen appointed former Rivian executive Kjell Gruner as head of its American business Tuesday, as the automaker faces a choppy electric transition and ongoing negotiations with the United Auto Workers union in the region.
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