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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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Lucid Deliveries Up 51% In January, Here's How Many Gravity SUVs Sold In First Full Month
Wednesday, February 5, 2025 - 8:34pm | 534Lucid Group Inc (NASDAQ:LCID) reported record deliveries in the fourth quarter as the company prepares to grow in the electric vehicle sector. The company enters 2025 with strong momentum and the launch of a second vehicle model. What Happened: Lucid launched the highly anticipated Gravity three-...
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Rivian CEO Downplays $7,500 EV Tax Credit Concerns: 'Not A Political Thing'
Tuesday, January 28, 2025 - 1:17pm | 663Rivian Automotive (NASDAQ:RIVN) CEO RJ Scaringe is brushing off concerns that Donald Trump’s proposed elimination of the $7,500 EV federal tax credit could mark the end of electric vehicles. While Scaringe believes his company is positioned well for the future of EV growth, he warns that the...
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US Electric Vehicle Sales Hit Record 1.3 Million Units In 2024, Despite Tesla Declines: Top 10 Bestselling Models
Tuesday, January 14, 2025 - 11:28am | 770The U.S. automotive industry saw a record number of electric vehicles sold in 2024, with 1,301,411 units breaking last year's record with a 7.3% year-over-year increase. A record fourth quarter saw 365,824 units sold in the U.S., despite some weakness from sector leader Tesla Inc (NASDAQ:TSLA)....
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Tesla Vs. Rivian: MKBHD Sells Cybertruck, Tells Elon Musk Tesla Could 'Crush' With This EV
Monday, December 30, 2024 - 4:01pm | 684Well-known YouTuber and tech reviewer MKBHD, also known as Marques Brownlee, has parted ways with his Tesla Inc (NASDAQ:TSLA) Cybertruck and pledged his support to rival automaker Rivian Automotive (NASDAQ:RIVN) in the battle for electric pickup truck supremacy. What Happened: While Tesla dominates...
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Rivian R2 Road Tour Heads To Detroit, Chicago, Los Angeles, And More
Tuesday, November 19, 2024 - 1:03pm | 802Rivian Automotive (NASDAQ:RIVN) has announced more stops on its R2 Road Tour to bring the R2, R3 and Gen 2 R1S and R1T vehicles to the public for test drives and demonstrations ahead of R2 production starting in the first half of 2026. What Happened: Rivian has said that the R2 will be a "...
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Rivian Q2 Earnings Highlights: Revenue Beat, EPS Miss, Volkswagen JV To 'Speed Up The Transition Away From Fossil Fuels'
Tuesday, August 6, 2024 - 4:31pm | 574Electric vehicle manufacturer Rivian Automotive (NASDAQ:RIVN) reported second-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Rivian reported second-quarter revenue of $1.16 billion, which beat a Street consensus estimate of $1.13 billion...
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Rivian Investor Day Highlights: CEO Scaringe Focuses On Amazon, Tesla Partnerships, Says EV Charging Network Will Open Up This Summer
Thursday, June 27, 2024 - 11:25am | 866Rivian Automotive (NASDAQ:RIVN) highlighted upcoming vehicle launches and the electric vehicle manufacturer’s recently announced joint venture with Volkswagen (OTC:VWAGY) at a Thursday investor event. Here are the key highlights. Scaringe On EVs, Autonomy: Rivian founder and CEO RJ Scaringe...
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Tesla's Shadow Looms: Rivian Discounts US, Canada Inventory To Stay Competitive
Monday, May 27, 2024 - 2:36am | 549California-based EV maker Rivian Automotive, Inc. (NASDAQ:RIVN) is reducing prices on existing inventory in the United States and Canada to compete in the increasingly heated electric vehicle market. These discounts apply to both 2023 and 2024 model year R1T and R1S vehicles....
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Rivian Q1 Earnings Highlights: Revenue Beat, EPS Miss, Vehicle Guidance Reaffirmed
Tuesday, May 7, 2024 - 4:38pm | 499Electric 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 $1.20 billion, which beat a Street consensus estimate of $1.16 billion according to data...
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Rivian's Newest Dealership In Texas Will Be Just 14 Miles From Tesla's Gigafactory, Google Data Shows
Friday, April 19, 2024 - 3:11am | 458Rivian Automotive Inc. (NASDAQ:RIVN) looks like it’s scheduled to open a new dealership in Tesla‘s home state of Texas next month. What Happened: The new space in Austin is set to open on May 24, according to its Google Business listing. The...
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Rivian 'Best Positioned EV OEM': Analyst Praises Long-Term Outlook, R2 Launch, With Short-Term Caution
Thursday, April 18, 2024 - 12:49pm | 463Rivian Automotive (NASDAQ:RIVN) gets a lowered price target from an analyst with questions lingering on demand for electric vehicles. The Rivian Analyst: Needham analyst Chris Pierce has a Buy rating on Rivian. He also lowered the price target from $18 to $13. The Analyst Takeaways: Electric...
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'Beautiful Truck:' Tesla Investor Ross Gerber Praises 'Nice People At Rivian' For Fulfilling R1S Order Even As His Cybertruck Wait Prolongs
Friday, April 5, 2024 - 5:31am | 640Fund manager Ross Gerber‘s recent comments about the need to overhaul Tesla‘s board prompted a caustic response from none other than the electric-vehicle giant’s CEO Elon Musk. Barely days after the bitter exchange, Gerber received backlash from Tesla fans...
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Rivian CEO RJ Scaringe Cheers Hitting 6-Figure Production Mark Even As Stock Languishes
Thursday, April 4, 2024 - 8:45am | 469Rivian Automotive (NASDAQ:RIVN) CEO RJ Scaringe on Wednesday said that the company has reached the significant milestone of producing its 100,000th vehicle. What Happened: The CEO posted the picture of the vehicle, a white R1S SUV, on X with the caption, “Our 100,000th Rivian.” R1S is...
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Polestar Undercuts Tesla's Model X, Rivian's R1S With Lower Starting Price For Latest SUV: Here's How Much It Costs
Thursday, March 14, 2024 - 2:43am | 448Swedish electric car brand Polestar Automotive Holding UK PLC (NASDAQ:PSNY) on Wednesday lowered the starting price for its Polestar 3 SUV in the U.S. by about 13% in a bid to drive demand. What Happened: According to the company website, the vehicle now has a starting price of $73,400 for...