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The Latest Breaking News from Rivian

Stock Market Tries To Bounce From Fresh 2022 Lows; Tesla CEO Elon Musk Puts Twitter Deal 'On Hold': Weekly Review

The major indexes fell to fresh 2022 lows before bouncing late in the week. Tesla CEO Elon Musk put his Twitter deal "on hold."

Investors Business Daily

Tesla's Elon Musk Says Many EV Makers Are Going About It Wrong

Tesla CEO Elon Musk often talks about just how hard it was for Tesla to finally become successful. He sees what other EV makers are doing, and chimes in.

InsideEVs

Morning Brief: Top Financial Stories Dominating on Friday, May 13

CNBC

Benzinga

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Rivian Recalls 502 EVs: All You Need To Know

Rivian Automotive, Inc (NASDAQ: RIVN), for the first time, recalled 502 battery-powered pickup trucks over potentially faulty airbags that could pose a safety risk to children in the front passenger seat,

Benzinga

Rivian VP Of Hardware Engineering Takes Delivery Of Her R1S SUV

The first two R1S SUVs were delivered in December to Rivian employees and it looks like this new one belongs to VP of Hardware Engineering Vidya Rajagopalan.

InsideEVs

Rivian recalls 500 EV pickup trucks due to front passenger seat air bag defect

Rivian issued a voluntary recall this week for 500 of its R1T pickup trucks for a sensor defect that could cause air bags to improperly deploy when a child is in the front passenger seat.

Chicago Tribune

Sources: Hyundai to set $7B US plant during Biden Asia visit

A U.S. official familiar with the project says South Korean automaker Hyundai Motor Group is expected to announce its plans next week to build a massive electric vehicle plant near Savannah, Georgia

The Independent UK

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Rivian Is A 'Show-Me-The-Money' Story But Has 'More Pieces In Place' Than Peers: Analysts React To Q1 Earnings

Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported first-quarter production of 2,553 vehicles. The company delivered 1,227 vehicles in the first quarter and reported more than 90,000 net pre-orders of its Rivian R1 electric pickup truck.

Benzinga

Rivian Gradually Increases EV Production Beyond 1,000 Per Month

In Q1 2022, Rivian produced 2,553 EVs and delivered 1,227, while as of May 9, its cumulative production reached about 5,000 units.

InsideEVs

UPDATE: Rivian Recalls 502 R1T Trucks For Airbag "Child" Sensor Issue

Rivian is recalling a small number of its electric trucks due to improper calibration of seat sensors that deactivate the airbags when a child is present.

InsideEVs

Stock Market Dips As Another Inflation Gauge Rises; Tech And Utilities Lead Declines; Disney Takes A Hit

The stock market dipped Thursday as wholesale inflation rose and Disney took an earnings hit. Retailers led gainers.

Investors Business Daily

Stock Market Falls As New Inflation Data Remains Heated; Nasdaq Set For A Bad Distinction

The producer price index rose 0.5% in April from March and 11% from the year-ago figure. The inflation rate slowed from 1.6% and 11.5%, respectively, in the previous month.

Investors Business Daily

Rivian Sees Price Target Halved At Wedbush: Analyst Sees Potential But It's Time To 'Stop The Excuses'

Rivian Automotive Inc (NASDAQ: RIVN) has the potential to be a major electric vehicle stalwart over the next decade but it needs to start delivering models and "stop the excuses" to reach that goal, Wedbush analyst Dan Ives said on Wednesday as he

Benzinga

What's Driving Rivian Stock Lower Today?

Rivian Automotive Inc (NASDAQ: RIVN) shares are trading lower Thursday after the company reported financial results. Several analysts lowered price targets on the stock following the company's quarterly results.

Benzinga

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Investors Business Daily

Dow Jones Cuts Losses After New Inflation Data; Disney Tumbles On Earnings

The Dow Jones Industrial Average dropped after inflation data Thursday, as the market correction worsens. Disney tumbled on earnings results.

InsideEVs

First Recorded Rivian R1T Dyno Run Hampered By Safety Systems

The R1T apparently kept cutting power on the dyno because it thought it was going to crash into a wall...

InsideEVs

Rivian Announces Q1 2022 Results, Posts $1.6 Billion Net Loss

The company built 2,553 vehicles in the first quarter and says it maintains its 2022 production target of 25,000 units despite supply chain disruptions.

Benzinga

Rivian Q1 Earnings Highlights: 2,553 Vehicles Produced, 1,227 Delivered, Supply Chain Constraints And More

Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported its first quarter financial results after market close Wednesday. Here are the key highlights.

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news in one place.

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Investors Business Daily

Dow Jones Futures Extend Stock Market Sell-Off; This Should Worry Investors

The stock market tumbled Wednesday on a hot inflation report. A lack of investor fear suggests no market bottom yet.

Benzinga

What's Going On With Rivian Stock Today?

Rivian Automotive Inc (NASDAQ: RIVN) shares are trading lower Wednesday alongside several companies in the broader consumer discretionary space amid overall market weakness as investors digest the latest U.S. inflation data, which came in higher-than-expected.

The Street

Ford Deals a Huge Blow to Rivian

The legacy carmaker is one of Rivian's two major shareholders. The other main shareholder is Amazon.

Benzinga

World's Biggest Sovereign Wealth Fund Cashes Out Of Rivian, Trims Tesla Stake, But Bulks Up On This Chinese EV Maker

Norges Bank, the central bank of Norway and the sponsor of the world's biggest sovereign wealth fund (the Norwegian Oil Fund), has substantially changed its allocation toward electric vehicle stocks in the first quarter.

Benzinga

What To Watch On Rivian's Stock Heading Into Q1 Earnings

Rivian Automotive, Inc (NASDAQ: RIVN) was falling over 7% lower on Wednesday as the electric vehicle manufacturer headed into its first-quarter earnings print, which is expected after the market close.

InsideEVs

VW May Revive Scout Brand With $40,000 Electric Pickup, SUV

The idea that VW was looking to revive Scout was made public by Johan De Nysschen, the CEO of Volkswagen’s American arm at a media event last fall.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, May 11

Reuters

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