Electric car stocks took a tumble in noon (ET) trading Thursday, with Lucid Group (NASDAQ: LCID) falling 3.8%, Rivian Automotive (NASDAQ: RIVN) sliding 4.6%, and Polestar (NASDAQ: PSNY) doing worst of all -- down 7.4%, and trading at penny stock levels -- just $0.87 a share. Another EV company entirely, ...
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Shares of electric vehicle manufacturers and their suppliers surged higher on Tuesday as we got more details about tariffs on imports into the U.S. It appears EVs will once again be a topic of intense debate during the presidential campaign, which depending on your view could be good for EV stocks. Shares ...
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Rivian Automotive (NASDAQ: RIVN) was one of the market's hottest stocks when it went public in November of 2021. Its stock more than doubled from its initial public offering (IPO) of $78 to its all-time high of $172.01 just a week later. At the time, investors were impressed by its production rates and ...
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Fool.com contributor Parkev Tatevosian discusses what the news could mean for Rivian (NASDAQ: RIVN) stock investors. *Stock prices used were the afternoon prices of May 19, 2024. The video was published on May 21, 2024. Continue reading
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Despite the doom and gloom surrounding the electric-vehicle (EV) industry lately, Rivian (NASDAQ: RIVN) investors have found some glimmers of positive news to digest. Unfortunately, that wasn't the case recently with registration data from S&P Global Mobility, which showed a sharp decline in vehicle ...
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Fool.com contributor Parkev Tatevosian compares Rivian (NASDAQ: RIVN) and Lucid (NASDAQ: LCID) to determine the better EV stock to buy today. *Stock prices used were the afternoon prices of May 16, 2024. The video was published on May 18, 2024. Continue reading
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At a time when a couple of start-up electric vehicle (EV) makers are in bankruptcy restructurings, others such as Fisker are nearing a similar fate, high interest rates are hindering consumers, and the high-end EV market is saturated; there's plenty of bad news for investors to digest. With that said, ...
motleyfoolusx:rivn
Shortly after Rivian Automotive (NASDAQ: RIVN) raced onto the scene with its initial public offering (IPO), investors rushed to hitch a ride with the upstart electric vehicle (EV) maker. With plans to offer an electric pickup truck, Rivian captured the hearts of investors, who recognized the stock as ...
motleyfoolusx:rivn
The electric vehicle (EV) revolution is in full swing. Rivian (NASDAQ: RIVN) has emerged as a player with exciting products and bold ambitions. However, despite the potential of the company, I feel there are several compelling reasons why Rivian stock might be a risky investment. Burning cash A major ...
motleyfoolukusx:rivn
Shares of electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) sank Wednesday after rising early in the week on the brief resurgence of interest in meme stocks. As of the close of trading, Rivian was down by about 8.9% from Tuesday's closing price -- but still up about 2% since the end of last ...
motleyfoolusx:rivn
Investors in Rivian Automotive (NASDAQ: RIVN) had a rough week, as the electric truck stock sank slowly but surely below $10 after the company issued a disappointing "earnings" report -- a report that featured no earnings at all, but rather $1.45 per share in losses. Despite the bad news, however, Cantor ...
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Wall Street analysts set price targets for where they think a stock can go in the next year or so. A high price target can be a good indicator of a growth stock with a lot of potential. But investors should be careful not to assume a stock is a sure thing just because it has a lot of projected upside. ...
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On May 6, reports hinted that Apple (NASDAQ: AAPL) was exploring a potential partnership with a U.S.-based electric vehicle (EV) company. With operations solely based in the U.S., Rivian (NASDAQ: RIVN) naturally rose to the top of the list as a potential candidate. The details of the collaboration remain ...
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If you'd purchased $1,000 worth of Rivian (NASDAQ: RIVN) stock when it hit the market in 2021, you would have just $99 today -- a painful loss of 90%. What's worse, the company shows no signs of changing its downward trajectory, with a decline of 57% so far this year. But as Rivian gets cheaper, it will ...
motleyfoolusx:rivn
The stock of Rivian Automotive (NASDAQ: RIVN) is jumping again on Monday. Shares of the electric vehicle (EV) maker popped as much as 12% in early trading today to start the week. That jump kept the momentum going for Rivian shares. The stock has soared by more than 30% since mid-April. That move came ...
motleyfoolusx:rivn
The trading week for electric vehicle (EV) stocks started off explosively as shares of Rivian Automotive (NASDAQ: RIVN), Lucid Motors (NASDAQ: LCID), and ChargePoint Holdings (NYSE: CHPT) all moved higher Monday. Thanks for this go to the Biden administration, which is preparing to quadruple tariffs ...
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Considering Rivian Automotive (NASDAQ: RIVN) is dealing with a second-quarter planned plant shutdown, stalling production and delivery estimates for the year, and slowing demand, you might not think there's much good news to be found surrounding the young electric vehicle (EV) maker. But you'd be wrong. ...
motleyfoolusx:rivn
Rivian (NASDAQ: RIVN) share prices fell after the electric vehicle (EV) maker reported first-quarter 2024 earnings. While sales were roughly in line with Wall Street expectations, the company lost more than analysts had projected it would. And yet, the big-picture story appears to remain intact. That ...
motleyfoolusx:rivn
Fool.com contributor Parkev Tatevosian determines whether Rivian (NASDAQ: RIVN) stock is a buy at its current valuation. *Stock prices used were the afternoon prices of May 7, 2024. The video was published on May 9, 2024. Continue reading
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Rivian Automotive (NASDAQ: RIVN) stock opened lower Wednesday after reporting earnings Tuesday night. News that the company still plans to produce 57,000 electric trucks this year and is cutting its costs failed to alleviate investor worries about Rivian's dwindling cash balance, as well as its continued ...
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Investors didn't react well when Rivian Automotive (NASDAQ: RIVN) reported its first-quarter update this week. While results were largely in line with expectations, the stock slid when the company left its full-year targets intact. Investors were likely hoping for a boost in expected electric vehicle ...
motleyfoolusx:rivn
Rivian Automotive (NASDAQ: RIVN) stock soared more than 8% in early trading on the Nasdaq this morning. (Hurray!) Then its stock turned tail, gave back most of its gains, and as of 10:30 a.m. ET, it was up only 1.6%. (Boo!) Why did Rivian stock rise and then fall back again? The answer is just one word: ...
motleyfoolusx:aaplusx:rivn
Rivian Automotive (NASDAQ: RIVN) stock popped Friday morning after the company reported that it has received a large incentive package from the state of Illinois to expand its electric vehicle (EV) manufacturing plant. Shares jumped as much as about 6% and were still higher by 2.4% as of 12:35 p.m. ET. ...
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Rivian Automotive (NASDAQ: RIVN) stock jumped as much as nearly 5% early Thursday. The stock move slid to a gain of just 2.7% as of 10:55 a.m. ET. But the sentiment may be a response to some frustration with another electric vehicle (EV) company. The move comes after Rivian recently updated plans for ...
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Many electric vehicle (EV) stocks crumbled over the past year as the market cooled off and rising interest rates compressed their valuations. But according to Precedence Research, the global EV market could still expand at a compound annual growth rate (CAGR) of 23.4% from 2024 to 2032 as EVs gradually ...
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2024 has been a year of transition for the electric vehicle (EV) industry. Sales are still growing, but the rate of expanding sales has slowed noticeably. That's led many EV makers to throttle plans to increase production as well as the number of new models being offered. Stocks in the industry have ...
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Lucid Motors (NASDAQ: LCID) highlighted the accolades its electric vehicles (EVs) have received when it reported its full-year 2023 financial results back in February. The list of kudos for the Lucid Air includes Car and Driver's 10 Best list for 2024, 2023 World Luxury Car of the Year, and 2022 MotorTrend ...
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Since its initial public offering (IPO), Rivian (NASDAQ: RIVN) has become one of the most prominent names in the electric vehicle industry (EV). With its sleek lineup of electric pickups and SUVs, many investors likely hoped that Rivian would follow a similar trajectory to the champion of EVs, Tesla ...
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To the great relief of many investors who were suffering from the recent rout of electric vehicle (EV) and associated stocks, the market pushed the accelerator on such companies Tuesday. An influential report gave them hope that the sector as a whole would lift itself out of the doldrums with stronger ...
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Rivian Automotive (NASDAQ: RIVN) hit an all-time intraday low of just $8.26 per share on April 16, following an 8% slide on April 15. Many electric vehicle (EV) stocks sold off heavily in response to news that Tesla (NASDAQ: TSLA) was cutting 10% of its workforce. Rivian followed suit later last week ...
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It's been a difficult few years for the stock of Rivian Automotive (NASDAQ: RIVN), which has gone from hitting over $179 soon after it debuted in November 2021 to under $10 today. Rivian has been making progress selling vehicles, as it more than doubled production and deliveries in 2023. However, the ...
motleyfoolusx:rivn
Fool.com contributor Parkev Tatevosian reviews what the latest news could mean for Rivian (NASDAQ: RIVN) stock investors. *Stock prices used were the afternoon prices of April 17, 2024. The video was published on April 19, 2024. Continue reading
motleyfoolusx:rivn
As one of many hopeful competitors in the electric vehicle (EV) market, Rivian Automotive (NASDAQ: RIVN) has risen to become a popular investment for many investors looking to capitalize on future EV adoption. The ultimate hope is that the up-and-coming company can follow a trajectory like that of the ...
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One Wall Street analyst thinks Rivian Automotive (NASDAQ: RIVN) stock has dropped far enough. UBS analyst Joseph Spak upgraded the stock of the electric vehicle (EV) maker on Tuesday, and implied there could be another upgrade ahead. Spak addressed both a short-term view as well as a specific catalyst ...
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Investors in Rivian Automotive (NASDAQ: RIVN) got a rare bit of good news on Tuesday. After falling for four straight days -- including a sharp drop yesterday on news the electric-car market has gotten so bad that Tesla (NASDAQ: TSLA) must lay off 10% of its workers -- shares of Rivian jumped 4.3% through ...
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Rivian Automotive (NASDAQ: RIVN) shares have been in a free fall recently. That continued today as seemingly bad news from electric vehicle (EV) makers continued to be released. Even though there hasn't any real negative news out of Rivian itself, shares have plunged by more than 50% in the last three ...
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Fool.com contributor Parkev Tatevosian forecasts where Rivian (NASDAQ: RIVN) stock could be in 2027. *Stock prices used were the afternoon prices of April 11, 2024. The video was published on April 13, 2024. Continue reading
motleyfoolusx:rivn
Rivian (NASDAQ: RIVN) and Nikola (NASDAQ: NKLA) were once two of the market's hottest electric vehicle stocks. Rivian went public in Nov. 2021, and it soared from its IPO price of $78 to a record high of $172.01 a week later. Nikola went public by merging with a special purpose acquisition company (SPAC) ...
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Investors in electric vehicle (EV) start-ups are accustomed to tracking production and deliveries to follow their growth and to better understand industry demand. Rivian (NASDAQ: RIVN) disappointed its shareholders when it announced that its production and deliveries would be flat year over year in 2024, ...
motleyfoolusx:rivn
Investors who hopped on the electric vehicle (EV) bandwagon early are looking for reasons to stick around, as demand and sales growth have slowed and costs remain high. In fact, shares of Rivian (NASDAQ: RIVN) have slid 56% lower year to date, and Fisker has all but shuttered its doors amid a dire cash ...
motleyfoolusx:rivn
The electric vehicle (EV) industry is in an intriguing spot for potential investors. Broadly speaking, optimism has turned to pessimism on Wall Street as many start-up EV makers are facing cash crunches and slowing demand. That said, EVs still appear almost certain to go mainstream, and the tantalizing ...
motleyfoolusx:rivn
Fool.com contributor Parkev Tatevosian evaluates Rivian (NASDAQ: RIVN) stock and gives his analysis on a reasonable entry price. *Stock prices used were the afternoon prices of April 10, 2024. The video was published on April 12, 2024. Continue reading
motleyfoolusx:rivn
With its monumental initial public offering (IPO) in November 2021, Rivian (NASDAQ: RIVN) arrived on the electric vehicle (EV) scene with a bang. As the largest IPO for an American company since Meta in 2014, Rivian raised a whopping $12 billion. But since its public debut, things have been a little ...
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Rivian (NASDAQ:RIVN) stock has fallen from highs around $179 to just $10.27 at the time of writing. The underperformance has been significant and reflects the company’s non-delivery on promised growth. However, as investors mull why Tesla is trading at 58 times forward earnings — it’s incredibly expensive ...
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Rivian Automotive (NASDAQ: RIVN) stock slid 6.7% through noon ET on Thursday -- but not because of any mistake that Rivian made. This time, the blame belongs to Ford Motor Company (NYSE: F), which just declared a price war in electric trucks, and turned Rivian stock into roadkill in the process. Any ...
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Rivian Automotive (NASDAQ: RIVN) stock -- like most stocks -- got rocked on Wednesday after higher-than-expected inflation data dashed investor hopes for a series of Federal Reserve rate cuts in 2024. But not to worry, says Bank of America. Inflation or no inflation, and rate cuts or no interest rate ...
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