Rivian (RIVN) Q1 2023 earnings results beat revenue estimates on smaller than expected loss
While the company was able to put up a better-than-expected revenue, it was also able to put up smaller losses in EPS than analysts estimated.
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Rivian (RIVN) and Amazon may break exclusivity deal for EV delivery trucks
The change may allow Rivian to find additional partners for its EV delivery trucks.
Rivian (RIVN) stock falls on news of $1.3 billion capital raise
The company plans to sell convertible notes as a way to help raise money for the launch of its R2 vehicles.
Rivian (RIVN) to lay off 6% of employees
Rivian will lay off a chunk of its workforce to "conserve cash."
Rivian (RIVN) Q3 2022 revenue misses expectations, reaffirms production target
The company fell short of revenue expectations, but remains on track to meet its goal of 25,000 vehicles produced in 2022.
Rivian on track to meet 2022 goals with production growing 67% in Q3
The company remains on track to build 25,000 EVs by the end of 2022.
Amazon (AMZN) takes $3.9 billion writedown in Q2 2022 on Rivian (RIVN) investment
Amazon's (AMZN) investment in Rivian (RIVN) caused woes for the stock this quarter.
Rivian (RIVN) is planning to layoff 5% of employees
A new report reveals that Rivian will soon layoff hundreds of workers.
Rivian still expects to build 25,000 EVs in 2022
Over 4,000 Rivian vehicles including its R1T pickups and R1S SUVs have already been produced.
Rivian (RIVN) stock hits all-time low as Ford sells 8 million shares
The electric automaker's stock hit a low of around $23 per share following news that Ford has pulled a chunk of its investment out of the company.
