R1T

One of the largest traditional automotive companies has put forth a plan to increase its position in the electric vehicle industry, something that has drawn praise from President Joe Biden. The company was criticized by Elon Musk for the low number of electric vehicles it produces, which could be...

The founder and CEO of electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) issued a shareholder letter Monday to share where the company has been and where it is headed. Here are the key takeaways from the letter. What Happened: In a letter to shareholders, Rivian CEO and founder RJ...

Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported its first quarter financial results after market close Wednesday. Here are the key highlights. What Happened: Rivian reported it produced 2,553 vehicles in the first quarter and delivered 1,227 vehicles in the first quarter. The...

Rivian Automotive Inc (NASDAQ: RIVN) said on Monday it will receive $1.5 billion in state and local incentives for its electric vehicle plant that it plans to build in Georgia. What Happened: Irvine, California-based Rivian’s $5 billion Georgia plant is expected to employ 7,500 workers when...

Rivian Automotive Inc (NASDAQ: RIVN) said on Tuesday it is on track to make 25,000 electric vehicles this year, sending the shares of the electric vehicle company higher after the bell. What Happened: Irvine, California-based Rivian said it had made 2,553 vehicles and delivered 1,227 cars in the...

Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported fourth-quarter financial results and shared an update on fiscal year 2022 expectations Thursday. Here are the key highlights for investors. What Happened: Rivian reported fourth-quarter revenue of $54 million, missing a...

Rivian Automotive Inc (NASDAQ: RIVN) may have rolled back price hikes after widespread online backlash, but that episode has now drawn a shareholder lawsuit, protocol.com reported on Tuesday, citing court filings. What Happened: The lawsuit, filed by shareholder ...

Rivian Automotive Inc (NASDAQ: RIVN) is facing an onslaught of peeved customers online, with many claiming to cancel reservations on online forums after the electric vehicle maker announced price hikes. What Happened:  On Reddit, more than 4,400 users responded to a poll under r...

Tesla Inc (NASDAQ: TSLA) customers have yet to take delivery of the highly anticipated Cybertruck electric pickup, but once they take possession of the vehicle, they may be able to drive their truck on the water. Here are the details on how the Cybertruck could be seen out on the high seas. What...

Rivian Automotive (NASDAQ: RIVN) has a focus on electric pickups and electric delivery vehicles, and it might have another mode of transportation in its sights.  What Happened: Electric vehicle company Rivian, which counts Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F) among...

Rivals in the automaker space have historically poked fun at each other, dating back over 100 years. The latest rivalry could be between General Motors Co (NYSE: GM) and Tesla Inc (NASDAQ: TSLA) with the former taking a quick shot at Tesla’s upcoming Cybertruck. What Happened:...

An electric vehicle company that went public and debuted its electric pickup truck in 2021 has another reason to celebrate Monday morning. What Happened: The R1T electric pickup truck from Rivian Automotive (NASDAQ: RIVN) was announced as the 2022 MotorTrend Truck of the Year Monday morning....

With the Rivian IPO this week, Ford Motor Company (NYSE: F) could be among the winners thanks to a 12% stake in the company. Here’s the story of how Ford beat rival General Motors Corp (NYSE: GM) to acquire a stake in the startup. What Happened: Ford and General Motors have been rivals...

A fintech company that went public with a Chamath Palihapitiya SPAC is offering early access to one of 2021’s highest anticipated initial public offerings. What Happened: Electric vehicle company Rivian is nearing its IPO where it will sell shares in the range of $57 to $62. The company...

The race to bring an electric pickup to market is heating up, and now you can bet on it.   The EV Bet: Sports betting site MyBookie is offering odds on the “Race to Deliver All-Electric Pick-Up Truck to Consumers.” Betting with the current odds ends Oct. 11. The site may...