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Tesla's Aggressive Price Cuts Bite Rivals, Lucid Teams Up With Apple, Ford Teases 'Revolutionary' Next-Gen EV Truck And More: Biggest EV Stories Of The Week
Saturday, March 25, 2023 - 10:54am | 997Electric vehicle stocks closed the week ending March 24 on a mixed note, despite the positive weekly performance by the broader market. Tesla, Inc. (NASDAQ: TSLA) ran up strongly this week on the expectation that first-quarter deliveries will outperform. Tesla Short-Shrifted: Tesla’s...
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How To Invest in Electric Vehicle Startups Before They Hit the Stock Market
Friday, December 2, 2022 - 2:26pm | 492Anyone who invested in Tesla Inc in the past few years and held is doing incredibly well. Tesla is seemingly unstoppable as CEO Elon Musk continues to grow in prominence and amasses a loyal following of people who believe in his vision. This has caused a massive rise in not only Tesla stock...
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This Company Is Buying 200 Tesla Vehicles Per Week — Here's Its Future Plan
Saturday, July 30, 2022 - 3:27pm | 455An electric vehicle subscription service company named Autonomy, which uses Tesla Inc (NASDAQ: TSLA) vehicles, has recently announced that it is taking delivery of close to 200 Tesla vehicles per week. According to a report from Electrek, Autonomy will soon add Tesla Model Y to its...
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Rivian Unveils R2 Vehicle Roadmap And Company Highlights: What Did CEO RJ Scaringe Tell Investors?
Monday, June 6, 2022 - 4:33pm | 571The founder and CEO of electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) issued a shareholder letter Monday to share where the company has been and where it is headed. Here are the key takeaways from the letter. What Happened: In a letter to shareholders, Rivian CEO and founder RJ...
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5 Things You Might Not Know About Rivian Founder RJ Scaringe
Wednesday, May 11, 2022 - 12:33pm | 678Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) completed its highly anticipated IPO in November 2021. Rivian was founded in 2009 by RJ Scaringe, who continues to lead the company as its CEO. Here are five things you might not know about RJ Scaringe. 1. He Always Wanted To Start...
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Rivian Q4 Results: Earnings And Sales Miss, 909 Vehicle Deliveries And More
Thursday, March 10, 2022 - 5:57pm | 453Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported fourth-quarter financial results and shared an update on fiscal year 2022 expectations Thursday. Here are the key highlights for investors. What Happened: Rivian reported fourth-quarter revenue of $54 million, missing a...
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Is A Rivian Electric Bike On The Horizon? What Investors Should Know About New Trademark
Tuesday, January 11, 2022 - 12:10pm | 638Rivian Automotive (NASDAQ: RIVN) has a focus on electric pickups and electric delivery vehicles, and it might have another mode of transportation in its sights. What Happened: Electric vehicle company Rivian, which counts Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F) among...
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Jim Cramer Weighs In On Ford's Stock: 'I Don't Think It's Done Going Up'
Thursday, December 16, 2021 - 1:40pm | 370Ford Motor Company (NYSE: F) launched a new product, Ford Pro Charging, Thursday that is designed to help businesses more easily manage electric vehicle fleets. Ford acknowledges that the transition to EVs from all internal combustion-powered fleets can be complex. Ford...
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Rivian Raises $11.9B In Upsized IPO: What You Need To Know
Wednesday, November 10, 2021 - 4:17am | 503Rivian Automotive Inc, an electric vehicle manufacturer backed by Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F), on Tuesday priced shares in its highly-anticipated initial public offering at $78 — well above its earlier expectations— to raise $11.93 billion, regulatory...
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Why Jim Cramer Would Prefer To Sit 'On The Sidelines' With Rivian And Buy Ford Instead
Tuesday, November 9, 2021 - 3:23am | 588CNBC "Mad Money" host Jim Cramer said on Monday he has reservations about whether the electric vehicle maker Rivian Automotive Inc can replicate Tesla Inc’s (NASDAQ: TSLA) success and that he’d rather buy shares of Ford Motor Co (NYSE: F). What Happened: Cramer said on his...
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How Ford Beat GM To An Investment In Rivian
Monday, November 8, 2021 - 3:41pm | 546With the Rivian IPO this week, Ford Motor Company (NYSE: F) could be among the winners thanks to a 12% stake in the company. Here’s the story of how Ford beat rival General Motors Corp (NYSE: GM) to acquire a stake in the startup. What Happened: Ford and General Motors have been rivals...
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Former Rivian Executive Sues EV Maker Alleging 'Toxic Bro Culture' And Gender Discrimination
Friday, November 5, 2021 - 2:01am | 545Rivian Automotive Inc has been slapped with a lawsuit by a former employee for toxic work culture, Bloomberg News reported Thursday, citing the lawsuit shared by the executive’s attorneys. What Happened: Laura Schwab, who was vice president of sales and marketing at Rivian, has...
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Want To Buy Into Rivian IPO Early? SoFi Is Offering Early Access To Customers
Wednesday, November 3, 2021 - 10:26pm | 637A fintech company that went public with a Chamath Palihapitiya SPAC is offering early access to one of 2021’s highest anticipated initial public offerings. What Happened: Electric vehicle company Rivian is nearing its IPO where it will sell shares in the range of $57 to $62. The company...
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Ford-Backed Tesla Rival Rivian Looks To Raise $8.4B In IPO: What You Need To Know
Tuesday, November 2, 2021 - 2:50am | 542Rivian Automotive Inc, an electric vehicle manufacturer backed by Amazon.com, Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F), is looking to raise about $8.4 billion in an initial public offering. What Happened: Rivian plans to sell up to 135 million shares in the range of $...
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Ford Q3 Earnings Highlights: Revenue Beat, Dividend Returns, Strong Lightning Demand, Rivian IPO And More
Wednesday, October 27, 2021 - 5:10pm | 509Automotive company Ford Motor (NYSE: F) saw shares jump in the after hours trading session Wednesday after reporting third-quarter financial results. Here are the key details for investors. What Happened: Ford reported third-quarter revenue of $35.7 billion, down 5% year-over-year. The figure came...