Analyst revises Ford, GM, Rivian stock price targets on China 'butterfly effect' [Yahoo! Finance]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Yahoo! Finance
Lorenz, founder of the branch of mathematics known as modern chaos theory, believed that when a butterfly flutters its wings in one part of the world, it can eventually cause a hurricane in another. The theory might sound a little funky for everyday people, but analysts see it playing out in the auto sector. A butterfly flapping its wings in China is blowing a mighty wind through carmakers on the other side of the globe. As of this year, China is the world's largest market both in terms of automobile sales and ownership, and that growth is closely tied to the country's economic development and the rise of the middle class. Chinese auto exports have increased from roughly one million to two million between 2020 and 2021 to reach almost 5 million last year, according to Statista , which cited data from the China Association of Automobile Manufacturers. In 2023, China overtook Japan as the world's largest car exporter, and the increased export numbers contributed to the growing
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- Are Street Analysts Bullish On Rivian Automotive Inc. (RIVN) Right Now? [Yahoo! Finance]Yahoo! Finance
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- Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access [TechCrunch]TechCrunch
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RIVN
Earnings
- 8/6/24 - Miss
RIVN
Sec Filings
- 9/25/24 - Form 4
- 9/23/24 - Form 144
- 9/16/24 - Form 4
- RIVN's page on the SEC website