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Rivian stock soars 37% after it strikes $5 billion deal with Volkswagen

"This is a core game changer for Rivian and changes the capital structure of the company looking ah…

Matthew Fox   


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Rivian is shoring up sourcing for its R2 affordable SUV with Trump's proposed tariffs in mind, CEO says

CEO of Rivian RJ Scaringe said the company is focused on sourcing suppliers not subject to Trump's …

Lloyd Lee   


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Tesla surges 13% as market sees Donald Trump's presidency benefiting key ally Elon Musk

Tesla stock soared 13% on Wednesday after the election result. CEO Elon Musk was among Trump's most…

Kelly Cloonan   


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Tesla tanks 13% after earnings, dragging other EV stocks lower

Tesla missed profit targets for a fourth straight quarter and postponed its Robotaxi event, draggin…

Filip De Mott   


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Stock market news: US stocks slide and bond yields rise as traders eye new economic data

Traders are looking ahead to new inflation data at the end of the week. Nvidia shares wavered after…

Jennifer Sor   


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The best-performing EV stock this year is a school bus manufacturer

An electric school bus can sell for more than $300,000 compared to just $100,000 for a traditional …

Matthew Fox   


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Tesla challenger Rivian's market value almost doubled in 2 weeks as its stock price hit a 2023 high

Rivian Automotive's stock has been on fire lately, almost doubling in price over just two weeks and…

Joseph Wilkins   


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Fisker stock implodes, gets delisted from NYSE after financing deal with large automaker falls through

Fisker said in a SEC filing that it "continues to evaluate strategic alternatives." Those alternati…

Matthew Fox   


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Tesla's stock plunge could turn around quickly if it gets a 'real CEO,' investor Ross Gerber says

"This could turn around very quickly if either Tesla gets a real CEO who's actually going to help t…

Filip De Mott   


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Rivian plunges 22% as Ford and other investors to sell millions of shares as lock-up period expires

A lock-up period last six months after a company goes public, preventing insiders and early investo…

Matthew Fox   


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5 mins read

Pricing is really weird lately

Wildly varying prices are coming to everyday items — and it's driving Americans crazy.

Jordan Parker Erb   


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Rivian falls 9% after 'Twilight Zone' quarter reveals massive supply chain disruptions and reduced 2022 production guidance

"One more major PR blunder or meaningful delivery push out for Rivian reservation customers could e…

Matthew Fox   


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EV stocks are seeing a historic sell-off, with some down 90% from their peak

The industry is being slammed by higher borrowing costs, slow growth in Europe, and expiring subsid…

Aruni Soni   


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Ford sees its market capitalization soar to $100 billion for the first time as EV ambitions push stock to a 20-year high

The milestone makes Ford more valuable than rivals General Motors and Rivian, though still far behi…

Isabelle Lee   


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Rivian extends post-IPO rally to 93% with Biden expected to sign $1 trillion infrastructure bill that includes billions for EVs

The bill allocates $7.5 billion to the buildout of a network of 500,000 electric charging stations …

Matthew Fox   


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Cathie Wood reportedly said Ark Invest won't buy Rivian stock due to the EV maker's 'rich' valuation

Wood's comments came before Rivian's first public trades this afternoon, when the company was value…

Matthew Fox   


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Rivian drops 18% in its first down day as a public company following massive post-IPO surge

The strong up and down trading moves Rivian highlights the heightened volatility risk posed to inve…

Matthew Fox   


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Dan Loeb's hedge fund Third Point netted a $300 million profit from Rivian's IPO, report says

Third Point was among the big winners from EV startup Rivian's blockbuster IPO earlier this month.

Harry Robertson   


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Rivian soars 29% in IPO debut, valuing electric truck company above peers at nearly $100 billion

The Rivian IPO raised $11.9 billion from the sale of 153 million shares, making it the sixth bigges…

Matthew Fox   


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Rivian plans to sell a portion of its $60 billion IPO directly to SoFi users

The electric vehicle company plans to sell 135 million Class A shares in its IPO, and 675,000 share…

Matthew Fox