The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.
IRVINE, Calif. & WOLFSBURG, Germany--(BUSINESS WIRE)--Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) entered into a transaction agreement to create their new joint venture (

Rivian Is Worst-Performing Car Stock of 2024

06:35am, Tuesday, 12'th Nov 2024
24/7 Wall St. Insights Rivian Automotive Inc. (NASDAQ: RIVN) is the worst-performing car stock this year.

Is Rivian's Biggest Catalyst in Danger?

05:25am, Tuesday, 12'th Nov 2024
While investors await the much-hyped 2026 debut of the R2, there's another big catalyst currently in danger for Rivian.
Rivian says it will be gross-profit positive this quarter, but there's a $275 million caveat to that claim.

Rivian Stock Analysis: Buy, Sell, or Hold?

10:30am, Monday, 11'th Nov 2024
Management says gross profits in the next quarter are still on course.
Stifel analyst Stephen Gengaro lowered the firm's price target on Rivian Automotive to $16 from $18 and keeps a Buy rating on the shares. While near-term headwinds persist, the firm believes Rivian is

Rivian: Thank You, Mr. Market!

10:00am, Sunday, 10'th Nov 2024
Rivian's Q3 report disappointed with higher-than-expected losses and production issues, but management remains optimistic about achieving positive gross profits in Q4. The EV manufacturer has a substa
Tesla may not be the cheapest EV stock, but at least it's earning a profit.
A mixed quarter for the EV maker translated into more caution on Wall Street, which also mulled over the implications of the future Trump administration.
Although the markets have received Donald Trump's election positively, an analyst is warning that the power shift might not be ideal for electric vehicle manufacturer Rivian (NASDAQ: RIVN).
Rivian Automotive RIVN analysts are cautious on the short-term outlook for the electric vehicle company with supply chain concerns, after the company missed third-quarter revenue and earnings per shar
Pinterest (PINS) didn't draw investor confidence by showing ad revenue headwinds and weaker-than-expected guidance. The Trade Desk (TTD) opened as the worst performer in the S&P 500 despite its earnin
While RIVN missed Q3 expectations, things appear to be looking up from here. Read on to know if you should buy the stock now or wait for clearer recovery.

Rivian Shares Fall as Tesla's Surge

07:10am, Friday, 08'th Nov 2024
24/7 Wall St. Insights Tesla Inc. (NASDAQ: TSLA) stock saw a post-election surge, but shares of smaller rival Rivian Automotive Inc.
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