Rivian
The Latest
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Rivian's Stock Plummets 23% After Announcing $1.5 Billion Convertible Note Offering
Rivian, often dubbed as "Tesla's rival" and backed by major investors Amazon and Ford, shocked investors with its unexpected announcement to issue $1.5 billion in convertible notes. This revelation led to a nearly 23% drop in Rivian's stock on Thursday, marking its worst single-day performance since its U.S. IPO. 
Rivian, often dubbed as "Tesla's rival" and backed by major investors Amazon and Ford, shocked investors with its unexpected announcement to issue $1.5 billion in convertible notes. This revelation led to a nearly 23% drop in Rivian's stock on Thursday, marking its worst single-day performance since its U.S. IPO. -
Rivian Raises Annual Forecast, Surpasses Q2 Expectations: Tesla's Top Contender Strikes Back
Late in the trading session on Tuesday, August 8, Tesla's rival, Rivian, unveiled its Q2 financial results. In the earnings report, Rivian increased its production outlook for the year and trimmed its loss forecast. Late in the trading session on Tuesday, August 8, Tesla's rival, Rivian, unveiled its Q2 financial results. In the earnings report, Rivian increased its production outlook for the year and trimmed its loss forecast. -
Rivian Lays Off 6% Of Workforce In New Cost-Cutting Measures
Personnel on the factory operations team won't be affected. Personnel on the factory operations team won't be affected. -
Rivian Stock Price Up As It Claims To Be On Track To Meet Production Goals
Rivian Automotive said it can still meet its 2022 production target of building 25,000 units despite supply issues. 
Rivian Automotive said it can still meet its 2022 production target of building 25,000 units despite supply issues. -
Rivian Reverses Planned Price Hike Following Customer Backlash
Rivian's CEO, RJ Scaringe, apologized to customers, admitting that the price hike was a huge mistake. Rivian's CEO, RJ Scaringe, apologized to customers, admitting that the price hike was a huge mistake. -
Rivian To Raise $11.9 Billion Through NASDAQ IPO
At Rivian's announced IPO price, the company would be valued at around $66.5 billion. 
At Rivian's announced IPO price, the company would be valued at around $66.5 billion. -
Rivian Targets $53 Billion Valuation Through IPO
Rivian plans to offer its shares at a price range of between $57 and $62 per share, raising up to $8.4 billion through the deal. 
Rivian plans to offer its shares at a price range of between $57 and $62 per share, raising up to $8.4 billion through the deal. -
Amazon-backed Rivian Files For IPO, Gears Up For Blockbuster Year-end Flotation
Electric vehicle maker Rivian said it has confidentially filed paperwork with regulators for an initial public offering, setting the stage for a blockbuster year-end market debut as it looks to tap into a red-hot IPO market in the U.S. 
Electric vehicle maker Rivian said it has confidentially filed paperwork with regulators for an initial public offering, setting the stage for a blockbuster year-end market debut as it looks to tap into a red-hot IPO market in the U.S. -
GM Reportedly Planning To Launch Electric Vans For Businesses
A new report reveals that General Motors Co is planning to develop an electric van for business use. 
A new report reveals that General Motors Co is planning to develop an electric van for business use. -
Rivian Closes Its Factories And Offices Due To COVID-19
The COVID-19 pandemic affects the operations of non-essential businesses not only in the US but also in other parts of the world. 
The COVID-19 pandemic affects the operations of non-essential businesses not only in the US but also in other parts of the world.
