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Rivian Q1 Earnings: Double Beat, Record Gross Profit, Delivery Estimates Lowered On Tariff Concerns
Tuesday, May 6, 2025 - 4:32pm | 567Electric vehicle company Rivian Automotive (NASDAQ:RIVN) reported first-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Rivian reported first-quarter revenue of $1.24 billion, up 3% year-over-year. The revenue total beat a Street consensus estimate...
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Rivian Police Cruiser Nears Debut For Palo Alto Police Department: Could EV Company Gain Fleet Customers?
Thursday, March 20, 2025 - 4:54pm | 497Electric vehicle company Rivian Automotive (NASDAQ:RIVN) could see new orders for police vehicles come through with the Palo Alto police department set to debut a patrol-ready R1S. The news comes as Rivian is looking to lure new fleet customers for its electric delivery vans. What Happened: For...
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Rivian Q4 Earnings Preview: Profitability Progress, R2 Launch, 2025 Outlook And Key Factors To Watch
Wednesday, February 19, 2025 - 4:29pm | 748Electric vehicle company Rivian Automotive (NASDAQ:RIVN) will likely highlight its improving profitability and upcoming R2 launch when the company reports fourth-quarter financial results after market close Thursday, Feb. 20. Earnings Estimates: Analysts expect Rivian to report fourth-quarter...
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Move Over Ford And General Motors, There's A New No. 2 Electric Vehicle Maker In The US Behind Tesla
Tuesday, August 20, 2024 - 3:57pm | 558Automaker Hyundai Motor Company (OTC:HYMTF) has claimed the title of the second-largest electric vehicle company in the U.S. through the first six months of the year. What Happened: Hyundai — owner of the Genesis and Ioniq brands, as well as 34% of Kia — accounts for roughly 10% of the EV market...
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Kia Launches First Compact Electric SUV Amid Slowing EV Demand
Thursday, May 23, 2024 - 9:03am | 546Kia unveiled its first compact electric SUV, the EV3, on Thursday, as the global EV market growth decelerates. What Happened: The EV3 is part of Hyundai Motor Group‘s (OTC:HYTMF) plan to introduce over 31 electric models by 2030. Kia aims to sell approximately 1.6 million EV units by that...
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Tesla Is No. 1, But This Legacy Automaker Rebounds To Hit No. 2 For EV SUV Sales
Wednesday, September 6, 2023 - 1:19pm | 798Electric vehicle leader Tesla Inc (NASDAQ: TSLA) has dominated the market in the U.S. and many parts of the world. In 2023, the company's Model Y became the bestselling vehicle worldwide in the first quarter of the year. While the Model Y dominated the SUV sector for electric...
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Lucid Group Q2 Earnings Highlights: Revenue Miss, EPS Miss, Delivery Update, Production Guidance, Liquidity And More
Monday, August 7, 2023 - 4:25pm | 470Electric vehicle company Lucid Group (NASDAQ: LCID) reported second-quarter financial results after the market close Monday. Here are the key highlights. What Happened: Lucid reported second-quarter revenue of $150.9 million, which missed a Street estimate of $201.9 million, according to data from...
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VinFast Is Going Public: What Investors Should Know About Tesla Rival, Third Largest SPAC Deal
Friday, May 12, 2023 - 10:35am | 689Electric vehicle (EV) company VinFast is going public via SPAC merger in a deal announced Friday morning. Here are the key details. The SPAC Deal: VinFast announced a SPAC merger with Black Spade Acquisition Co (NYSE: BSAQ). The deal comes as VinFast previously filed for an initial public offering...
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Luxury Auto Rival Praises Tesla For 'Kicking Everyone's Ass' — But It's Taking Them Head On
Tuesday, May 9, 2023 - 12:42pm | 617Electric carmaker Tesla Inc (NASDAQ: TSLA) has received its share of criticism, but also a fair amount of praise from rivals in the auto industry. Alfa Romeo, which is owned by Stellantis (NYSE: STLA), is the latest brand to admire Tesla, while also seeking to grab market share within the electric...
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Lucid Group Misses On Q1 Earnings: EV Manufacturer Gives Update On Production, Upcoming Gravity SUV
Monday, May 8, 2023 - 4:20pm | 417Electric vehicle company Lucid Group (NASDAQ: LCID) reported first-quarter financial results after the market close Monday. Here are the key highlights. What Happened: Lucid Group reported first-quarter sales of $149.43 million, up 159% year-over-year. First-quarter sales missed a Street consensus...
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Lucid Q3 Earnings Highlights: Record Production, On Pace For 6K To 7K Vehicles Annually, Over 34,000 Reservations And More
Tuesday, November 8, 2022 - 6:20pm | 513Electric vehicle company Lucid Group Inc (NASDAQ: LCID) reported third-quarter financial results and production figures after hours Tuesday. Here are the key highlights. What Happened: Lucid Group reported third-quarter revenue of $195.5 million. The revenue total missed a Street estimate of $209.1...
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Nio Vs. Tesla: Nio CEO Says Tesla 'Will Quickly Be Pushed Out Of The Market,' Calls Out Elon Musk's Dance Moves
Thursday, October 13, 2022 - 1:59pm | 1020Chinese electric vehicle company Nio Inc - ADR (NYSE: NIO) is ramping up international expansion and has its eyes set on the U.S. market. Here’s how Nio’s CEO saw the company’s position gaining in the U.S. and what he thought about rival Tesla Inc (NASDAQ: TSLA...
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What's Going On With Fisker? CEO Shares Updates On EV Reservations, Production, International Expansion, US Tax Cuts
Friday, September 9, 2022 - 12:50pm | 964Electric vehicle company Fisker Inc (NYSE: FSR) could be in the spotlight for investors with strong reservation numbers and late 2022 production. A recent interview from CEO Henrik Fisker shared an update on the company and what’s ahead. What Happened: The Fisker CEO spoke as part of a...
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Polestar 3 SUV Premiere Coming This Year: What Investors Should Know
Tuesday, June 7, 2022 - 12:31pm | 454An electric vehicle company premiered its first ever SUV on Tuesday morning. Here are the details. What Happened: Swedish electric vehicle company Polestar announced that the premiere of the Polestar 3 SUV will happen in October 2022. The Polestar 3 is the company’s first SUV and comes as the...