Registration data showed a surprise truck overtaking Rivian's R1T.Despite the doom and gloom surrounding the electric-vehicle (EV) industry lately, Rivian (RIVN -2.10%) 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 registrations and some of Rivian's closest competitors surging.By the numbersRivian carved out a niche in the EV market by beating rivals to the E ...

Rivian Automotive (RIVN) is looking to challenge Tesla (TSLA), Ford (F) and General Motors (GM) with its adventure-styled electric vehicles. RIVN shares surged 40% in December 2023 but have come back to earth to begin 2024, falling more than 50%.X Rivian reported reported a worse-than-expected loss in the first-quarter late on May 7 as the company lost $38,784 per vehicle delivered. Meanwhile, speculation has run rampant that Apple (AAPL) is looking to partner with the EV startup.Rivian announced a loss of ...

Rivian (NASDAQ:RIVN) stock is down by about 50% so far this year as the electric vehicle (EV) company deals with price wars, a preference of hybrids over EVs and high interest rates. Now, with the first-quarter 13F deadline past us, retail investors are able to gauge how institutional investors feel about these issues.Rivian disappointed investors after guiding for the production of 57,000 vehicles in 2024. That represents a slight decline from 2023 when the company produced 57,232 vehicles. Revenue was a b ...

We've all heard the bad news surrounding the EV industry, but here are three things Rivian has in its favor right now.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, let's dig into a few things Rivian (RIVN 3.65%) has going for it.Retooling successInvestors ...

This EV stock has traveled a long road down over the past two years.Shortly after Rivian Automotive (RIVN 3.65%) 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 a great growth opportunity, and Rivian shares, subsequently, soared.But it wasn't long before they hit some bumps in the road. For investors who ...

Sundry PhotographyInvestment Thesis In the last year, Rivian Automotive's (NASDAQ:RIVN) stock has fallen roughly 22%. While the market is bearish, I have maintained a bullish stance since last year. Despite the drop in their stock price, I believe the company executed well in the first quarter of 2024. In this first quarter, Rivian produced 13,980 vehicles and delivered 13,588 units from their plant in Normal, Illinois, with total production and delivery in line with their expectations. While these resu ...

hapabapa Rivian Automotive Inc. (NASDAQ:RIVN) released its quarterly earnings on May 7, 2024 and reported a wider-than-anticipated loss for 1Q24 amid an underwhelming production ramp. The electric-vehicle maker lost $1.45 billion in 1Q24 amid high production expenses; however, Rivian Automotive did succeed in growing its sales which were up 82.1% YoY. Taking into account Rivian Automotive’s high cash burn and ongoing losses, I think that investors will likely see more dilution in the coming quarters. Ri ...

NEW YORK, May 16, 2024 /PRNewswire/ --WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Rivian Automotive, Inc. (NASDAQ: RIVN) between March 1, 2023 and February 21, 2024, both dates inclusive (the "Class Period"), of the important June 18, 2024 lead plaintiff deadline.SO WHAT: If you purchased Rivian securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.WHAT TO ...

Rivian bulls are betting on the wrong numbers.Investors in Rivian Automotive (RIVN 5.25%) 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 Fitzgerald analyst Andres Sheppard came out with a prediction last Wednesday: Within 12 months, Rivian stock will soar 50% to close at $15 a share. Is Rivian stock ...

I’ll admit, it’s not an easy time to invest in electric vehicle startups. However, I’m inviting you to take a serious look at Rivian Automotive (NASDAQ:RIVN). Rivian stock is out of favor right now, but that’s why you should consider it for a small portfolio position. Rivian Automotive has an important financial goal that could be achieved before the year is over. So, be patient and don’t get pulled into a bear trap, as Rivian’s buy-and-hold investors will prevail eventually.A Huge Incentive Package for Riv ...