Why Electric Vehicle Stocks Were on Fire on Monday [Yahoo! Finance]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Yahoo! Finance
It's not clear exactly what that means, and Elon Musk's involvement is a point of interest here, but the market reacted positively, at least for a while. Lucid (NASDAQ: LCID) stock jumped as much as 9.5% in early trading, while Rivian 's (NASDAQ: RIVN) shares were up 6.6%, and EVgo (NASDAQ: EVGO) jumped 15.8% near the open. The stocks gave up some of those gains, but were up 5.7%, 0.4%, and 7.5%, respectively, at 3:30 p.m. ET. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » It's been a wild ride for EV stocks since President Trump's election. At first, investors thought it would lead to an economic boom, which would be good for EV sales. Then the narrative shifted to Trump cutting EV subsidies, including the $7,500 EV tax credit that's helped make vehicles more affordable. Today, the narrative shifted to autonomous driving, which is becoming more common in small steps, but Tesla (NASDAQ: TSLA) hopes to push forward wi
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RIVN
News
- Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access [TechCrunch]TechCrunch
- Fortune [Fortune]Fortune
- How CFOs can avoid the ‘innovator's dilemma' [Yahoo! Finance]Yahoo! Finance
- Three Big Reasons to Love Rivian (RIVN) [Yahoo! Finance]Yahoo! Finance
- How CFOs can avoid the ‘innovator's dilemma' [Fortune]Fortune
RIVN
Earnings
- 11/7/24 - Beat
RIVN
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/12/24 - Form 8-K
- RIVN's page on the SEC website