Soaring Solar, Costco Earnings, GM Layoffs, New Rivian Deal
Rivian scores a deal with AT&T, GM lays off 1,300, Costco rewards investors, and solar stocks jump on expected cuts to interest rates.
Rivian scores a deal with AT&T, GM lays off 1,300, Costco rewards investors, and solar stocks jump on expected cuts to interest rates.
Electric cars appear to be the way of the future. With all of the issues surrounding our climate and what we’re doing to it, people have become more sensitive to their impact…
Rivian stock has taken a beating in the past two years and Lucid stock is down even more. Here is why they cannot compete with Tesla and major auto manufacturers.
Shanghai-based EV maker Nio Inc. (NYSE: NIO | NIO Price Prediction) raised $1 billion in its September 2018 IPO, selling 160 million American Depositary Receipts (ADRs) at $6.26 per ADR. The company…
Electric vehicle maker Rivian Automotive (NASDAQ: RIVN | RIVN Price Prediction) began trading in the public markets on November 10, 2021. The company raised $12 billion in cash, selling 153 million shares…
Tesla CEO Elon Musk delivered a handful of the company's Cybertrucks to the vehicles new owners. The only surprise was the price.
Electric vehicle sales in the U.S. continue to grow with more models introduced in 2023 than ever before. Tesla’s (NASDAQ: TSLA | TSLA Price Prediction) four fully-electric models still dominate the market.…
Sales of electric vehicles (EVs) rose by an order of magnitude between 2017 and 2022, from about 1 million to 10 million. That’s more vehicles than the 9.5 million of all types…
Ten years ago, Tesla (NASDAQ: TSLA | TSLA Price Prediction) had only 30 Supercharger stations in the United States. Only the Interstate 5 highway along the west coast had a reliable long-distance…
Americans will buy more than one million electric vehicles this year. Prices for battery-powered SUVs, trucks, and sedans has declined nearly 22%, to $51,000, according to Cox Automotive. U.S. EV sales topped…
The bad news outweighs the good for Rivian Automotive, which continues to be an also-ran.
Ten years ago, Tesla (NASDAQ: TSLA | TSLA Price Prediction) had only 30 Supercharger stations in the United States. Only the Interstate 5 highway along the west coast had a reliable long-distance…
Wednesday's top analyst upgrades and downgrades included Amazon.com, Arm, Corning, Dollar General, Electronic Arts, Estee Lauder, Juniper Networks, Next Era Energy Partners, Realty Income, Rivian Automotive, Sabra Healthcare REIT and Starwood Property…
When electric truck maker Rivian Automotive said it would raise money, its stock promptly dropped 20%.
Exxon Mobil reportedly is considering an offer of $60 billion to acquire Permian Basin producer Pioneer Natural Resources. It would be the year's largest acquisition.