US EV Market Is Dead
A recent analysis indicates that the electric vehicle share of the U.S. new car market will fall to 4% next year. If so, smaller EV makers will die off quickly.
A recent analysis indicates that the electric vehicle share of the U.S. new car market will fall to 4% next year. If so, smaller EV makers will die off quickly.
Layoffs at Rivian are just the latest bad news from the EV maker. A new, cheaper model comes too late to help the company survive.
Slow-Motion Car Wreck Lucid Group (NASDAQ:LCID | LCID Price Prediction) released its second quarter earnings report yesterday, and the results left investors reeling. The luxury electric vehicle (EV) maker reported revenue of…
Rivian Automotive's quarterly results reveal how small the chance is that the EV maker can survive. The news sent the stock sharply lower.
Live Updates What Changed This Past Quarter 4:26pm ET Metric Q2 2025 YoY Change Deliveries 13,790 +9% Revenue $1.45B +33% Gross Margin –32% Improving Net Loss –$1.19B Narrowed Strong top-line beat Capex…
Rivian Automotive has made almost no progress to become a player in the EV sector. The lack of progress undermined investor confidence.
Live Updates Monday Wrap-up4:29pm ETThe Vanguard S&P 500 ETF closed at 574.35 Monday, up 0.2%. Trump to Hit Russia with Tariffs12:27pm ETPresident Trump is threatening to impose 100% tariffs on imports from…
Rivian Automotive announced that its second-quarter deliveries were off sharply. The EV maker blamed tariffs for its weak sales.
The Ascent of Autonomous Vehicles The autonomous vehicle (AV) revolution is gaining momentum, with Tesla (NASDAQ:TSLA | TSLA Price Prediction) launching its robotaxi pilot in Austin this past Sunday. Despite some early…
Amazon reportedly is testing humanoid delivery robots as a way to reduce the costs of delivering packages. The plan may rely on its prowess in artificial intelligence.
A Jefferies analyst has downgraded the stock of Rivian Automotive. The prospects for the troubled electric vehicle maker are not that great.
Live Updates Hump Day Ends With a Bump for The S&P 5004:01pm ETThe Vanguard S&P 500 ETF closed today at 540.03, up 0.1%. President Trump's Mideast Tour '2511:48am ETPresident Trump continues to…
The earnings are in for Tesla Inc. (NASDAQ: TSLA | TSLA Price Prediction), Rivian Inc. (NASDAQ: RIVN), and Lucid Group Inc. (NASDAQ: LCID). While all three companies had positive news in one…
Rivian Automotive stock barely reacted after the struggling EV maker's first-quarter report. It does not offer a strong case for investors.
Live Updates Earnings are in and this is what they are telling us 4:41pm ETJoel SouthRivian reported its first-quarter 2025 earnings, showcasing a significant financial milestone with a gross profit of $206…