But the hype didn't last forever. Since Rivian's IPO, shares have lost about 90% of their value -- a horrible scenario for ...
Rival Ford has been scaling back its EV plans. Months after nixing a planned three-row electric SUV, Ford said in October it ...
Electric vehicle maker Rivian Automotive (NASDAQ: RIVN) IPO’ed in November 2021 and immediately made a splash with its stock price skyrocketing to $180 in just its first week of trading.
But their differences are what make Rivian shares a steal today. Rivian stock trades for less than 2 times sales, while Tesla ...
Rivian said on Thursday it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a sharp increase in sales of green car credits, despite a parts shortage disrupting ...