$RIVN
Rivian delivers sturdy Q2 Earnings, raises manufacturing steerage for 2023
Rivian (NASDAQ: RIVN) had a powerful second-quarter earnings report and is elevating its manufacturing steerage for 2023, now anticipating to construct 2,000 extra autos than it beforehand forecasted. Rivian reported earnings on Tuesday and beat expectations in each adjusted loss per share ($1.08 reported vs. $1.41 anticipated) and income ($1.12B reported vs. $1B anticipated). CEO […]
Tesla inventory pops on Rivian deal, persevering with surge towards $1T market cap
Tesla inventory (NASDAQ: TSLA) popped greater than 3 % on Tuesday after information of its collaboration with Rivian (NASDAQ: RIVN), which can see the latter automaker undertake the previous’s North American Charging Commonplace (NACS) for its automobiles. Rivian may also achieve entry to 12,000 Supercharger areas owned by Tesla in North America beginning subsequent Spring. […]