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Rivian, Lucid, and Tesla stocks fall
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Rivian
Automotive Inc.
shares
dropped 12% on Thursday, their worst day in months, on heightened concerns the Trump administration is readying a plan to axe EV tax credits. Tesla Inc.
shares
also headed south, but to a lesser degree, as Tesla is seen as ...
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
US automaker stocks fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.Trump’s transition team has been discussing ending the $7,
Rivian, Lucid, and Tesla stocks fall as Trump plans to kill the EV tax credit
Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax credit for consumers buying cleaner cars.
Rivian, Volkswagen
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Why Rivian Shares Are Still Surging Today
Shares of Rivian Automotive (NASDAQ: RIVN) were still surging on Wednesday afternoon, after the company announced the closing of a deal with Volkswagen that could be worth well over $5 billion to the electric vehicle (EV) maker. As of 1:30 p.m. ET, Rivian's shares were up about 18.3% from Tuesday's closing price.
Rivian shares surge on $5.8 bln Volkswagen investment in JV
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Money Morning
15h
Three Stocks: Rivian, Cisco, and Spotify
Despite a 9% decline in product revenue, Cisco saw a 6% increase in services revenue. One standout was the robust growth in ...
6h
Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market Risks Remain: Goldman Sachs
Goldman Sachs analyst maintains Neutral rating for Rivian with raised price target. Rivian and Volkswagen confirm joint ...
13d
Is Rivian Stock a Buy After Plunging 15%?
But their differences are what make Rivian shares a steal today. Rivian stock trades for less than 2 times sales, while Tesla ...
Electrek
7d
Rivian and Lucid shares take a dive while Tesla soars
What's the Trump effect on the EV market? Depends: smaller players like Rivian and Lucid may be at risk, while Tesla has the ...
1d
Rivian Shares Rise 13% In Pre-Market: What's Going On?
Rivian shares are up 13% in premarket trading after Volkswagen increased their planned investment to $5.8 billion.
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Volkswagen
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