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EV, Rivian
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.
Rivian Stock Is Down Again on Tax Credit Fears
An end to U.S. EV tax credits is unlikely to doom Rivian altogether. Its $5.8 billion deal to share technology with German auto giant Volkswagen ( VWAGY 0.89%), which closed earlier this week, should help insulate Rivian from near-term demand shocks in the U.S. market.
Tesla, Rivian Drop on Report Trump Wants to End EV Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
14h
This Part of Rivian Is Thriving
Rivian's third quarter failed to inspire investor confidence, but this newer part of Rivian is thriving right now.
2d
on MSN
Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here ...
1d
Rivian Stock Remained Turbulent Today. Is It an Opportunity to Buy?
Rivian Automotive (NASDAQ: RIVN) shares have been on a roller-coaster ride since the U.S. election on Nov. 5. A dip after ...
16h
on MSN
1 Wall Street Analyst Thinks Rivian Stock Is Going to $23. Is It a Buy at Around $10.50?
Investors had mixed reactions when Rivian Automotive (NASDAQ: RIVN) reported third-quarter results last week. The financial ...
1d
on MSN
Here’s Why VW Is Now Teaming Up with Rivian
VW and Rivian are betting they can help each other with their EV lineups at an increasingly precarious time in the industry.
3d
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 ...
3d
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 ...
autoevolution
2d
Rivian Achieved in Three Months What Volkswagen Couldn't Do in Years of Spending Billions
Rivian demonstrated its software on a drivable Audi Q6 prototype, achieving in three months of work what Volkswagen couldn't ...
Car
5h
Volkswagen Group to collaborate with Rivian Automotive
The two firms will create a new joint venture that will bring a next-generation electrical architecture into their respective ...
4d
Volkswagen raises investment in Rivian to $5.8 billion
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...
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