Rivian announced plans to lay off 10% of its salaried staff.Affected employees won't know their status until the following day.This is the electric-car maker's third layoff in two years amid high interest rates and slowing demand. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign U ...

ToplineShares of electric vehicle manufacturer Rivian fell more than 15% in after-hours trading Wednesday after the company announced it would be laying off 10% of its salaried workforce in response to an increasingly difficult market.Rivian’s CEO said they “firmly believe in the full electrification of the automotive industry,” but ... [+] recognize the short-term “challenging macro-economic conditions.”Getty Images Key FactsRivian cited “economic and geopolitical uncertainties and pressures” when announci ...

Electric carmaker Rivian plans to cut 10% of its salaried workforce.Despite doubling its EV deliveries in 2023, Rivian reported a $5.4 billion profit loss for the year.Rivian's 2024 production falls short of analysts' expectations. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign ...

Rivian Automotive, Inc RIVN was trading about 3% lower Wednesday as the company heads into its first-quarter earnings print after the market close.Analysts expect the company to report EPS of negative $1.32 on revenues of $1.262 billion for the quarter ending Dec. 31.Last week, Barclays analyst Dan Levy downgraded Rivian from Overweight to Equal-Weight and lowered a price target from $25 to $16. Read More Here...When Rivian printed its third-quarter earnings report on Nov. 7, the stock was highly volatile t ...

SOUTH SAN FRANCISCO, CALIFORNIA - MAY 09: A Rivian electric pickup truck sits in a parking lot at a ... [+] Rivian service center on May 09, 2022 in South San Francisco, California. Shares of Rivian stock fell 13 percent after Ford, which currently owns as 11.4 percent stake in the electric car maker, is planning to sell 8 million of its 102 million shares. (Photo by Justin Sullivan/Getty Images)Getty Images Rivian Automotive, Inc. is scheduled to report earnings after Wednesday’s close. The stock hit a rec ...

With one of Rivian’s (NASDAQ:RIVN) largest competitors reportedly suffering a major setback and another cutting the production of its electric vehicle that competes directly with Rivian’s offerings, the EV startup’s outlook has certainly improved in recent weeks. This is a central part of this RIVN stock analysis.Moreover, the automaker is developing a new EV that should tremendously boost its top and bottom lines. Also noteworthy is that a recent data point suggests that the demise of the U.S. EV market ha ...

Some news that came out over the weekend is hitting electric vehicle (EV) stocks like Rivian Automotive (RIVN -2.39%) hard on Tuesday -- a down day for the broader market. Rivian shares plunged by as much as 5.2% to open the holiday-shortened trading week. As of 2 p.m. ET, the stock was still lower by 2.3%, while the S&P 500 was off by about 0.7%.Rivian reports on WednesdayDuring a week when it will report its fourth-quarter and full-year financial results, Rivian is enduring some bad news from the governme ...

业绩总结 - Rivian Automotive, Inc.宣布了2023年12月31日结束的第四季度和全年财务业绩[3] - 公司将于2024年2月21日举行电话会议，讨论2023年第四季度和全年的财务业绩[3] - 公司在新闻稿、股东信函和电话会议中提到了非GAAP财务信息，并提供了与最接近的GAAP等值的调和[4]

财务表现 - Rivian Automotive, Inc. (RIVN)将于2月21日发布2023年第四季度业绩[1] - RIVN第四季度每股亏损和营收的Zacks Consensus Estimate分别为$1.39和$1.28亿[1] - RIVN第四季度每股亏损的共识预期在过去30天内增加了2美分[2] - RIVN第四季度的营收Zacks Consensus Estimate表明同比增长93.5%[3] - RIVN在过去四个季度中每次超过盈利预期，平均超出15.4%[3] 财务状况 - RIVN在2023年第三季度调整后每股亏损为$1.44，窄于预期的$1.61[3] - RIVN在2023年第三季度总营收为$13.4亿，超过了$13亿的预期[3] - RIVN在上一季度报告中的毛亏损为$4.77亿，较去年同期的$9.17亿有所缩减[5] 业务发展 - RIVN在2023年第四季度生产和交付的车辆数量较去年同期有所增加[4] - RIVN在2023年第三季度净亏损较去年同期有所缩减[6] - RIVN预计在即将发布的季度中将实现盈利[7] 市场评级 - RIVN的Earnings ESP为+0.72%，Zacks Rank为3[8]

Rivian公司情况 - Rivian在2021年11月上市，IPO募资120亿美元，是自2014年Meta以来美国公司规模最大的IPO[1] - Rivian尚未盈利，持续消耗现金储备，现金及等价物已下降60%，仅剩80亿美元，预计可支撑2至3年[4] - Rivian虽有生产和收入进展，计划在乔治亚州建厂，但财务实力不足仍是令人担忧的因素，投资者仍更倾向于选择Tesla[16][17] Tesla公司情况 - Tesla在2023年净收入达到150亿美元，拥有291亿美元的现金及等价物，具备财务实力应对挑战并持续发展[8][9] - Tesla拥有全球扩张计划，正在建设新的Gigafactory，而Rivian仅局限于美国市场，Tesla在国际市场上的优势明显[11] - Tesla的下一代车型Redwood预计2025年投产，定价约为25000美元，有望带来新一轮增长[12] - Tesla的车辆价格更具竞争力，比Rivian的车型便宜许多，且Tesla在人工智能、自动驾驶等领域的技术发展也领先[13][14]