Volkswagen and Rivian are teaming up on an ultra-cheap EV, and once again, Americans can only stare across the Atlantic in envy. After several months of teasing, Volkswagen unveiled the ID.EVERY1 ...
shares of the company declined about 0.7% (through Friday's close), but that certainly trailed the 2.4% gain in the S&P 500. The Q4 report: After the close on Thursday, Rivian reported revenues of ...
Rivian said it has enough cash to launch its next model, the R2 SUV. (Rivian via Associated Press) Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit.
Rivian, which went public in 2021, is under pressure to lower parts and production costs. It has laid off workers and renegotiated parts contracts to save money—an effort that Chief Executive RJ ...
Rivian Automotive Inc. made good on its promise to get to its first quarterly gross profit and blew past Wall Street estimates for its sales, but the EV maker’s stock reversed initial gains to ...
Rivian ended last year by sharply increasing its revenue and posting a gross profit for the first time in the company’s history, although the electric vehicle startup still has a long journey ...
Rivian (RIVN) reported strong fourth quarter results after the bell on Thursday and came through on its goal of posting a "gross profit" for the quarter. The company posted a smaller-than-expected ...
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